Tuesday, August 19, 2008

They Can See The Big ‘R’ Coming

Marks & Spencer proposal to cut redundancy benefits sparks fear of job losses

Marks & Spencer plans to slash the redundancy benefits for its 60,000 staff by up to 25 per cent in a move that has infuriated employees and triggered fears of a middle management cull.

Posted by renting2 @ 11:37 AM (758 views)
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2 thoughts on “They Can See The Big ‘R’ Coming

  • Presumably this applies to senior management also? Perhaps not, silly me…

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  • This is not just redundancy, this is M&S redundancy with reduced benefits and a double creamy cheesy topping that has the staff twitching and looking through the jobs section of their newspapers.

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