Layoffs: A British fashion giant is planning to cut down around 20% of its workforce. The company is planning to enhance its performance by cutting costs, slashing 1,700 employees. The layoffs will ...

Burberry is cutting more than 1,500 jobs worldwide after the British luxury fashion brand saw a steep drop in profits. The company will lay off about 1,700 workers by 2027, Burberry said in an ...