Marks & Spencer confirms redundancy benefit plans

Retail giant Marks & Spencer today confirmed plans to cut back redundancy benefits for its 70,000 UK staff.

Marks & Spencer confirms redundancy benefit plans
Tue, 19 Aug, 2008 - 10:03

Retail giant Marks & Spencer today confirmed plans to cut back redundancy benefits for its 70,000 UK staff.

The firm is in consultation with staff representatives on its Business Involvement Group over the move, which would limit maximum payouts from 70 weeks to 52 weeks depending on length of service.

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CourtsBusinessHeathrowPlace: UKOrganisation: Marks & SpencerOrganisation: Business Involvement GroupOrganisation: M&S
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