World News

H&M issues notice of temporary lay-offs to 2,000 staff in Norway: DN

OSLO (Reuters) – Swedish retailer H&M <HMb.ST> has sent notice of temporary lay-offs to 2,000 employees in Norway due to the coronavirus outbreak, Norwegian business daily Dagens Naeringsliv reported on Thursday, citing the head of the Norwegian business.

H&M was not planning to close stores in the two country, it added.

H&M was not immediately available for comment.

(Reporting by Gwladys Fouche and Anna Ringstrom, editing by Terje Solsvik)