The shoe retailer Clarks looks to be on the ‘back foot’ again as the chain are to axe nine hundred office jobs worldwide as it tries to position itself for a post virus future.
The firm, which is 195 years old stated that it had to make ‘some difficult decisions’ to re-energise the business, which has seen sales fall over the past year. The jobs will be axed over the next twelve to eighteen months – however Clarks has stated that it is part of a wider plan to ‘turn around the firm’ and create two hundred new jobs.
“There are exciting opportunities ahead for our business, and we are having to make some difficult decisions to get there. We thank all affected staff for their contribution to our business and they leave their roles with our heartfelt respect and support.” – Giorgio Presca, Chief Executive
Clarks adhering to the UK Government’s advice shut down all of its stores in both the UK and Ireland during the coronavirus lockdown and said that it will only reopen them ‘when it is right and safe to do so’.
The company posted a £84.4m loss last year as sales dropped.