Report: H&M plans to cut 250 office jobs in the UK

Single-source reporting (Retail Gazette, 6 August 2026, based on an HR1 filing and an insider source): H&M plans around 250 job cuts across its UK office sites between October and December 2026, including Oxford Street, Regent Street, Manchester and Glasgow. The stated reason is overlapping responsibilities rather than financial difficulty; H&M has not confirmed the plans. Update (7 August 2026): H&M has officially confirmed the reorganisation — around 250 employees at its UK support offices were informed about a proposed reorganisation and consultation process, and the consultation is already under way. The company stresses that the figure of 250 refers to the employees informed and not necessarily to the number of roles that will ultimately be cut; H&M has not yet given a redundancy figure. Source of the confirmation: TheIndustry.fashion, 7 August 2026.