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Marks and Spencers Lose 1,000 Jobs

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Old 06 January 2009, 12:44 PM
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SunnySideUp
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Red face Marks and Spencers Lose 1,000 Jobs

Just been confirmed.

Will be announced tomorrow, officially.
Old 06 January 2009, 12:52 PM
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Matteeboy
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Ouch!
Did Phillip Green buy it in the end or not?
Old 06 January 2009, 12:56 PM
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TelBoy
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Nope, failed three times.


Philip Green - Wikipedia, the free encyclopedia
Old 06 January 2009, 01:17 PM
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jacrobat
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You just know that they will be using those adverts ('This is not just food etc') to take the mick.
Old 06 January 2009, 01:26 PM
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FlightMan
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Round one of many to come, according to my bro in law.

M&S' wages bill must be astronomic. My sis in law is on 40k for a 3 day week, + £500 per month car allowance! She's a merchandiser.
Old 06 January 2009, 02:47 PM
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Billgtt
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Bloody supermarket syndrome! There's no S on the end
Old 06 January 2009, 02:50 PM
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stilover
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Originally Posted by FlightMan
Round one of many to come, according to my bro in law.

M&S' wages bill must be astronomic. My sis in law is on 40k for a 3 day week, + £500 per month car allowance! She's a merchandiser.
Yes, but there will be many on the minimum wage to offset her salary.
Old 06 January 2009, 02:51 PM
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TelBoy
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Exactly. Let's hope Sainsbury don't also follow suit.
Old 06 January 2009, 02:54 PM
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Mitchy260
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1000 jobs from an approximate of 70,000

About ten million miles away administration then

1000 job losses was inevitable with the current credit crunch, no real news here, markies haven't gone bust, just a few are going to lose their jobs.

Next headline please
Old 06 January 2009, 02:58 PM
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Matteeboy
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72,000 to be more precise.

Even on total minimum wage that's a £720 million salary bill!!!
Old 06 January 2009, 03:13 PM
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richardg
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my sister is a menswear designer for m&s. will have to speak to her tomorrow

(no relation to PG btw, although i would of course like to be!)
Old 06 January 2009, 03:13 PM
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where'd they lose um
Old 06 January 2009, 04:19 PM
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unclebuck
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Originally Posted by Mitchy260
no real news here, markies haven't gone bust

Next headline please
Still worth a gloat though
Old 06 January 2009, 04:31 PM
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When I saw the thread title, I knew it was posted by Pete.

He loves a bit of misery!
Old 06 January 2009, 05:02 PM
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GC8
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Originally Posted by Billgtt
Bloody supermarket syndrome! There's no S on the end
Morrisons: amd they dont even use an apostrophe...
Old 06 January 2009, 05:05 PM
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Matteeboy
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I guess "M&S to shed 13.8% of their workforce" doesn't quite have the same media friendly "shock" factor does it?!
Old 06 January 2009, 05:08 PM
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Ummm , i looked at the figure and thought - well if thats all .....!!

- they exist everywhere afterall
Old 06 January 2009, 05:17 PM
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Always amazes me that they can find a round number to fire. Looks like they have not put much thought into it. It also makes firms look like they had too many staff in the first place.
Old 06 January 2009, 05:42 PM
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Billgtt
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Originally Posted by GC8
Morrisons: amd they dont even use an apostrophe...
Old 06 January 2009, 07:24 PM
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shep ppp
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Probably just stop recruiting for 6-12 months they would lose 1000 staff by "natural wastage" retirements etc.
Old 06 January 2009, 07:32 PM
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bugeyeandy
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Originally Posted by Matteeboy
I guess "M&S to shed 13.8% of their workforce" doesn't quite have the same media friendly "shock" factor does it?!
72000 jobs with 1000 to go, I make it 1.38%
Old 06 January 2009, 07:35 PM
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boxst
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Originally Posted by bugeyeandy
72000 jobs with 1000 to go, I make it 1.38%

Which is 1.5 people per shop I think?

Steve
Old 06 January 2009, 08:12 PM
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SlimJ_2005
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Does this include the extra casual staff they probably took on over the Christmas period as it's 'normally' busy?

End of the day, most of these shops have too many staff standing around doing f**k all all day!
Old 07 January 2009, 09:25 AM
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Matteeboy
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Originally Posted by bugeyeandy
72000 jobs with 1000 to go, I make it 1.38%
Doh doh and doh!
Old 07 January 2009, 09:42 AM
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27 stores closing, 25 of those are Simply Food stores....
Old 07 January 2009, 09:55 AM
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Originally Posted by Mogsi
27 stores closing, 25 of those are Simply Food stores....
What a surprise!
Old 07 January 2009, 11:51 AM
  #27  
Leslie
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M&S is a good store I reckon and I hope they dont go to the wall.

Les
Old 07 January 2009, 12:14 PM
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lozgti
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Me too.

Mind you,media are loving it as with all the housing market,stock market,bank problems.

It would however be nice to hear a '2500 jobs being created' story though as there is a lot of contracting rather than expanding.

Heard a bit on the radio about the worry of companies making unnecessary 'panic' redundancies,following everyone else in thinking they need to lay people off
Old 07 January 2009, 12:17 PM
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Hey ,Gordans 'creating' a hundred thousand new jobs in the next few years ill have you know .!

lol
Old 07 January 2009, 01:26 PM
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unclebuck
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Originally Posted by Leslie
M&S is a good store I reckon and I hope they dont go to the wall.

Les
They are not going to the wall, just trimming some fat as has been said here and elsewhere. It's just a nasty rumour that certain types of people love to put about, like 'no more cheap petrol' etc.



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