Debenhams axes 2,500 jobs in bid to cut costs after coronavirus lockdown

City A.M. | Aug 11, 2020 at 5:31 PM
  • Debenhams has axed 2,500 jobs as it seeks to reduce costs following the coronavirus lockdown.
  • Thousands of high street jobs have been lost since the coronavirus pandemic hit the UK in March.
  • Debenhams today that it has reopened 124 stores since non-essential stores were given the go-ahead to reopen.