Britain’s M&S plans to cut 950 jobs in restructuring

LONDON (Reuters) – British clothing and food retailer Marks & Spencer plans to cut 950 jobs as part of a restructuring of its store operations, it said on Monday.

M&S said it has started a consultation with its employee representative group and has set out its intention to first offer voluntary redundancy to affected workers.

(Reporting by James Davey; editing by William James)