There might be fewer styles of sneakers, sweatpants, and other Nike apparel to choose from next time you go shopping, as the athletic company makes plans to cut back on its workforce and product lines. [More]
cutting jobs
Retail Apocalypse Claims 2,000 More Jobs As Hudson’s Bay Scales Back Workforce
By 6.9.17
Earlier this year it looked like Hudson’s Bay — the company behind Saks Fifth Avenue, Lord & Taylor, and Gilt — was looking to expand its footprint by way of purchasing either Macy’s or Neiman Marcus. Now, the retailer looks to be doing the opposite and cutting back by eliminating some 2,000 positions amid lower than expected sales. [More]
Whole Foods Cutting 1,500 Jobs In Order To Offer Customers Lower Prices
By 9.28.15
Your next shopping trip to Whole Foods may come with a bit less interaction with employees, as the health food chain said Monday that it would be eliminating approximately 1,500 jobs in order to offer lower prices for its goods. [More]
