Burberry has reportedly begun a 45-day consultation, signalling that hundreds of positions could be cut.
It’s understood that union officials are coordinating redundancy settlements with a select group of employees. Employees fear as many as 400 jobs could be at risk. Burberry declined to comment to the Telegraph.
Burberry employed an average of 9,169 full-time equivalent workers during the 2023-24 fiscal year, according to its most recent annual report.
The reported cuts would follow 500 positions slashed in 2020, when the iconic trench-coat maker sought to save GBP55 million ($94.99 million) amid pressures from the pandemic.
