Clarks cuts 1,200 jobs after financial struggles

express.co.uk

Iconic shoe retailer Clarks announced it is cutting over 1,200 jobs due to financial struggles and a challenging retail environment. The job cuts were a result of a nearly £100 million drop in revenue and a pre-tax loss of £39.2 million in the latest financial year. Clarks, which operates 326 UK stores, saw its global workforce decrease from 7,413 to 6,161 employees. The company cited challenging global market conditions and reduced consumer demand as contributing factors, aiming for sustainable sales growth and profitability in 2025.


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