Tens of thousands of layoffs could hit H&M employees as the coronavirus causes ‘significant negative impact on sales’

(March 24 00:42) Businessinsider.sg

H&M said it experienced a "significant negative impact on sales" because of coronavirus and is looking for ways to cut costs — including layoffs.

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Tens of thousands of layoffs could hit H&amp;M employees as the coronavirus causes &lsquo;significant negative impact on sales&rsquo;