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WH Smith might lower 1,500 jobs in UK restructuring

© Reuters. A company logo is pictured outside a WH Smith office in Manchester, Northern England.

(Reuters) – UK retailer WH Smith (L 🙂 said on Wednesday that as part of a restructuring of its UK operations due to coronavirus customer decline in its travel and headquarters offices, it could cut 1,500 jobs.

The company, which was founded as a news provider in London more than 200 years ago, expects a pre-tax loss of between £ 70m and £ 75m for the fiscal year ending August 31.

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