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Coronavirus: Travis Perkins to cut 2,500 jobs

Travisperkinstradinglogo.png?profile=RESIZE_400xThe UK's biggest builders' merchant, Travis Perkins, plans to cut about 2,500 jobs, or 9% of its workforce.

The group said it expected a UK recession to hit demand for building materials this year and in 2021.

It said it had started a consultation process with staff about 165 branch closures, which will affect about 8% of its network.

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BBC News

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