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Burberry to Cut 1,700 Jobs as Luxury Retailer Battles £3 Million Loss

RETAILBOSS LogoRETAILBOSS21h ago

Burberry to Cut 1,700 Jobs as Luxury Retailer Battles £3 Million Loss - RETAILBOSS

Quick Summary:

British luxury fashion house Burberry has announced plans to eliminate 18% of its global workforce by 2027, resulting in approximately 1,700 job losses across the organization.

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Burberry to Cut 1,700 Jobs as Luxury Retailer Battles £3 Million Loss - RETAILBOSS (Picture 1)

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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-18 @ 19:35:57 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: retailboss.co

Language: English

Article Length: 27 words

Reading Time: 1 minutes read

Sentences: 35 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © RETAILBOSS

News ID: 28791629

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About RETAILBOSS

RETAILBOSS Logo

Main Topics: Economy

Official Website: retailboss.co

Update Frequency: 1 posts per day

Year Established: 2011

Headquarters: United States

News Last Updated: 2 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #113

Publisher Details

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The story "Burberry to Cut 1,700 Jobs as Luxury Retailer Battles £3 Million Loss" has 27 words across 35 sentences, which will take approximately 1 minutes for the average person to read.

Which news outlet covered this story?

The story "Burberry to Cut 1,700 Jobs as Luxury Retailer Battles £3 Million Loss" was covered 21 hours ago by RETAILBOSS, a news publisher based in United States.

How trustworthy is 'RETAILBOSS' news outlet?

RETAILBOSS is a fully independent (privately-owned) news outlet established in 2011 that covers mostly economy news.

The outlet is headquartered in United States and publishes an average of 1 news stories per day.

It's most recent story was published 2 days ago.

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  • News ID: #28791629
  • URL: https://marketchangers.beamstart.com/news/burberry-to-cut-1700-jobs-17476042431971

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