To address staffing growth that has exceeded business gains and a tough macroeconomic environment, eBay will reconfigure the company’s workforce with plans to lay off about 1,000 employees, or approximately 9% of its staff. The move comes after other retailers that...
After a period of speculation about its fate, Zulily posted a final sale notice on its website. Qurate Retail sold Zulitly to investment firm Regent in May. The company has recently been subject to rumors since published reports of its laying off workers at its...
As it seeks to put its finances right, Bed Bath & Beyond’s troubles are forcing cuts to its workforce in its original home region of metropolitan New York, with layoffs particularly hitting suburban New Jersey communities. The Union, NJ-based retailer made a...
Amazon circulated a statement internally that addressed the company decision to eliminate 9,000 more positions in the next few weeks on top of 18,000 layoffs previously announced. In the statement, CEO Andy Jassy noted: As part of our annual planning process, leaders...
The Neiman Marcus Group has announced strategic changes to its operating model, including executive moves and as much as a 5% workforce reduction, designed to accelerate the company’s pursuit of its strategic goal to “Revolutionize Luxury...
