Lates News

According to reports, British luxury brand Burberry plans to cut about 20% of its workforce. The report states that Burberry plans to lay off 1,700 people to reduce costs, which represents about one-fifth of its global workforce. This will mainly affect office positions, and the night shift at Burberry's trench coat factory in Castleford, England, will be canceled due to an increase in extra shifts resulting in "overproduction."