H&M cuts 150 jobs in Norway

H&MH&M.Photo: Berit Roald / NTB scanpix

The clothing chain H&M is moving its logistics center in Oslo to Sweden. 150 employees will be affected.

The store chain confirms this to E24.

The logistics center, which delivers goods to clothing stores in Norway and Iceland, is located at Alnabru in Oslo. The move is planned towards the end of 2022.

H&M, like most others, is affected by the Coronavirus pandemic. The clothing chain had a deficit of 6.5 billion Swedish kroner in the second quarter of this year. The chain denies that the move is due to the Coronavirus, but states that the move is part of an ongoing change measure in the group.

© NTB Scanpix / #Norway Today


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