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Tag: slash

Macy’s to slash 3,900 corporate jobs in restructuring

A person looks into a closed Macy’s Inc. department store near Union Square in San Francisco, California, U.S., on Thursday, June 18, 2020. Michael Short | Bloomberg | Getty Images Macy’s announced Thursday it is cutting 3,900 corporate jobs — 3% of its total workforce — to reduce costs as it struggles with the effects of …

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Retailers slash prices in hope of bumper Super Saturday | Business

Retailers have slashed prices further as they pin their hopes on a bumper trading day as shoppers head out for one of the biggest spending days before Christmas. Topshop and Miss Selfridge have increased their discounts to up to 60%, from 40% and 50% respectively earlier in the week. Jigsaw, Peacocks and House of Fraser …

Retailers slash prices in hope of bumper Super Saturday | BusinessRead More

Juul to cut 650 jobs, slash $1 billion in costs

Juul will cut 650 jobs, up from the previously planned 500 jobs, as it slashes nearly $1 billion in costs next year, a company official said Tuesday. The job cuts represent 16% of Juul’s 4,051 employees. The fast-growing start-up had been hiring about 300 employees a month. Juul will cut marketing spending as the company …

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