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Jeans are displayed at a Levi Strauss store in New York, March 19, 2019. Levi Strauss will lay off at least 10% of its global corporate workforce as part of a restructuring, the apparel retailer said Thursday. The job cuts will take place in the first half of the year, and could affect up to 15% of corporate employees, Levi's said. The company had more than 19,000 employees as of November, but it is unclear how much of that workforce is in corporate offices. Macy's and Wayfair both announced job cuts this month, as both older and newer retailers try to kickstart sales and boost profits.
Persons: Jeans, Levi Strauss, Levi's, Wayfair Organizations: LSEG Locations: New York
Total: 1