May 21, 2020

Clarks to cut 900 office jobs in virus shake-up

Shoe chain Clarks will cut 900 office jobs worldwide as it tries to position itself for a post virus future. The 195-year-old firm said it had to make "Some difficult decisions" to re-energise the business, which has seen sales fall over the past year. The jobs will go over the next 18 months, said Clarks, adding that it was part of a wider plan to turn around the which will create 200 new jobs. The firm, which cut 170 jobs last year, employs 13,000 people globally. The company posted a £84.4m loss last year as sales dropped.

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