1 March 2021
The Weekly
Spain

El Corte Inglés will present its biggest employment adjustment in history to unions, which will consist of some 3,000 voluntary redundancies. If it goes ahead, it will mean a 5% reduction of the 63,000 staff they currently have on the books. Of the 3,000 job losses, 2,500 will be from staff working in their stores while a further 500 will come from the corporate services. El Corte Inglés is Spain’s only remaining department store chain.