Staff at Marks and Spencer (M&S) were reported this month to be angry at the retailer’s plans to cut redundancy benefits packages for its UK employees by up to 25 percent. The proposals triggered concerns that the retailer is planning a large-scale redundancy programme. M&S has confirmed it is engaged in talks with staff representatives concerning changes to its redundancy scheme but denies that large-scale job cuts are planned in the near future. M&S asserts that the changes are proposed as a part of an overall review of its benefits package and, although the new terms, if implemented, would reduce redundancy payouts for some staff from 70 to 52 weeks depending on length of service, the terms remain more favourable than those of most competitors.