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By Guy Taylor Designer label Burberry is prepping to axe hundreds of jobs after failing to turn around the company’s falling profits. According to the Telegraph, redundancies are being lined up as part of a radical cost-cutting programme. Employees were notified of the restructuring in late June via a Zoom meeting, in which workers were told they faced redundancy or having to reapply for their roles. A 45-day consultation is currently underway. It comes after shares in Burberry, famous for its signature beige check pattern, fell over 36 per cent in 2024, making it one of the worst performers o…

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