Burberry has reportedly begun a 45-day consultation, signalling that hundreds of positions could be cut.
British fashion house Burberry Group is expected to shed hundreds of jobs, mostly in the UK, following a sharp drop in its stock market value, the Telegraph reported.
Employees were informed during a Zoom meeting in late June, with those affected told they were facing redundancy or having to reapply for their roles, the newspaper reported, without saying where it got the information.
