The background is that a number of stores are empty at the same time as the company has failed to negotiate its rents.
H&M partially confirms DI's information.
“The spread of covid-19 has caused an exceptional situation and the H&M group is forced to make several difficult decisions. We oversee all parts of our business, including staff and staff. Dialogue with employees on temporarily shortened working hours affecting tens of thousands of employees globally has been initiated in several markets. It also concerns officials at key functions, ”writes H&M's communications director Kristina Stenvinkel in a comment to the newspaper.