by Mike Duff | Feb 15, 2023 | Retail Articles
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...
by Mike Duff | Jan 20, 2023 | Retail Articles
As Wayfair works to streamline its cost structure, the company plans to lay off 10% of its global workforce, a total of 1,750 employees, as part of plans to generate more than $1.4 billion in annualized cost actions. The cost-cutting plan, initiated in August 2022 is...