Burberry to cut 20% of global workforce as part of restructuring

BURBERRY sales fell 6 percent in the first three months of 2025 but beat estimates, suggesting that Burberry’s latest turnaround attempt is gaining some ground in a tough luxury market. The brand plans to cut 1,700 jobs as part of […]

May 14, 2025 - 15:32
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Burberry to cut 20% of global workforce as part of restructuring
BURBERRY sales fell 6 percent in the first three months of 2025 but beat estimates, suggesting that Burberry’s latest turnaround attempt is gaining some ground in a tough luxury market. The brand plans to cut 1,700 jobs as part of […]