Burberry to cut 1,700 jobs amid profit slide and strategic overhaul under new CEO

Azernews.Az

14 May 2025 19:49 (UTC+04:00)

British luxury brand Burberry announced on Wednesday that it plans to cut approximately 1,700 jobs globally—nearly one-fifth of its workforce—as part of an ambitious cost-cutting and brand reset strategy following a steep decline in profits, Azernews reports.

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