Luxury British department store Harrods to cut nearly 700 jobs – ZAWYA

Luxury British department store Harrods to cut nearly 700 jobs – ZAWYA

Luxury British department store Harrods to cut nearly 700 jobs | ZAWYA MENA Edition HomeBusinessArticleLuxury British department store Harrods to cut nearly 700 jobs Employees affected will primarily be in parts of the business that have been worst hit by the lockdown    Traffic passes the Harrods department store in London May 8, 2010. Image for illustrative purposes.LONDON- Luxury British department store Harrods said on Wednesday it plans to cut up to 672 jobs because of the coronavirus crisis, which kept its flagship branch in central London closed for nearly three months.Harrods, which is owned by the Qatar Investment Authority (QIA), told staff it needed to shed up to 14% of its total workforce of 4,800.Employees affected will primarily be in parts of the business that have been worst hit by the lockdown.Harrods, which is owned by the Qatar Investment Authority (QIA), told staff it needed to shed up to 14% of its total workforce of 4,800.LONDON- Luxury British department store Harrods said on Wednesday it plans to cut up to 672 jobs because of the coronavirus crisis, which kept its flagship branch in central London closed for nearly three months.Employees affected will primarily be in parts of the business