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AB Foods considers separating Primark and food business

British conglomerate AB Foods is considering separating its textile discounter Primark and its food business as part of a corporate restructuring. “Within ABF, the company has two great business divisions,” said chief executive George Weston, the grandson of the company's founder, at the presentation of annual figures on Tuesday. He noted that...

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Business

Primark to slash 150 jobs across international workforce

Budget retailer Primark is preparing to cut approximately 150 jobs across locations in Ireland, the UK and the US. Around 100 of these redundancies are expected to roll out at the company’s international headquarters in Dublin, reflecting 7 percent of its 1,500 strong workforce in the city. The proposed job cuts are said to be in the People &...

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