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JetBlue sees progress in minimising layoffs

Bloomberg JetBlue Airways Corp expects to avoid involuntary job cuts among at least some employee groups because enough workers have accepted voluntary leave or early-out programs to match the carrier’s scaled-down operations. More than enough volunteers have come forward in the customer support department, the airline said in a memo to workers seen by Bloomberg News. JetBlue also confirmed an ...

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Boohoo plunges after reports of labour abuses at suppliers

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Bloomberg Boohoo Group Plc shares plunged after a report in the Sunday Times about poor working conditions at a factory the newspaper described as a supplier of the UK online fashion retailer. Boohoo said it will review its supply chain after the report, which focused on a garment workshop in Leicester, England, the site of a recent flareup in coronavirus ...

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Harrods adapts to retail’s new normal

Bloomberg Harrods opened its first outlet store only days after announcing hundreds of job cuts — moves that the London luxury emporium’s managing director said are necessary to adapt to the realities of a post-lockdown retail landscape. “I don’t think people understand how painful the last 90 days has been,” Michael Ward said in an interview while walking through the ...

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