Victoria Beckham's staff in uproar over axing of 60 jobs to meet demands of new investors who want root-and-branch reform of ailing fashion brand
| Katie Hind Showbusiness Editor For The Mail On Sunday
4/1/2018 6:02 AM EST
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Staff at Victoria Beckham’s fashion business are furious after being told that a third of them are being axed.
About 60 workers are to be made redundant after new investors ordered a root-and-branch review of the company, which lost £8.5 million last year.
Consultants - Backers - Neo - Investment - Partners
Management consultants acting for backers Neo Investment Partners dismissed Victoria Beckham Ltd’s business model as unfeasible and recommended that the star slash her workforce.
But there is growing anger that the 43-year-old was absent when the bombshell news was delivered – and over the...
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