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Coronavirus: UK retailer Debenhams confirms it is cutting 2,500 jobs

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Struggling British departmentstore Debenhams is to cut 2,500 jobs, saying it had to align itsstore costs with realistic trading expectations during the COVID-19 pandemic.

“We have successfully reopened 124 stores, post-lockdown, and these are currently trading ahead of management expectations," it said in a statement on Tuesday.

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"At the same time, the trading environment is clearly a long way from returning to normal and we have to ensure our store costs are aligned with realistic expectations."

The latest job cuts were first reported by The Sun.

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