Harrods to shed nearly 700 jobs due to Covid-19 impact
The Harrods department store is to cut 672 jobs due to the impact of the coronavirus pandemic.
This will amount to 14% of its 4,800 strong workforce.
In memo sent to staff, Harrods chief executive Michael Ward said: “The necessary social distancing requirements to protect employees and customers is having a huge impact on our ability to trade, while the devastation in international travel has meant we have lost key customers coming to our stores and frontline operations.”
In May Harrods announced that it would be opening an outlet store in the Westfield London shopping centre in July to enable it to sell left over spring stock following the coronavirus crisis.
At the time, it said the new shop store would also ease any pressure arising from hosting its summer sale at its Knightsbridge store when it reopened after lockdown.
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