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Retail

H&M Spain reduces number of layoffs following protests

Swedish apparel giant H&M will only let go of 349 employees in Spain, out of the more than 1,000 previously announced, a reduction of about 68 percent. The decision follows a series of protests by H&M employees in the country, which included two national, 24-hour strikes. Several fast fashion chains around Europe, such as H&M and Zara (Inditex),...

May 26, 2021