Allbirds Cuts Workforce in Bid to Reduce Expenses
Allbirds announced plans to further streamline operations by reducing the size of its workforce. The brand didn’t specify…
News May 11
Latest In: restructuring
WSJ: Gap to Lay Off 500 Workers as it ‘Flattens the Organization’
Gap will reportedly eliminate approximately 500 corporate jobs globally as part of a restructuring effort, people familiar with…
News April 26
Alibaba Restructures into 6 Distinct Businesses to Drive Agility and Shareholder Value
Alibaba Group is undergoing the most significant restructure in its 24-year history with plans to split the company…
News March 28
Rent the Runway to Cut Corporate Staff by 24% After Q2 Active Subscriptions Drop
Rent the Runway will lay off nearly one-quarter of its corporate employees as it seeks to deal with…
News September 13
Marks & Spencer ‘Turbocharges’ Online Business with 46 New International Websites
In one fell swoop, British retailer Marks & Spencer has doubled the number of international markets where it…
News March 10
Simon Asks Bankruptcy Court to Reject Sycamore’s Reorganization Plan for Ascena
Mall operator Simon Property Group and its affiliated landlords have filed an objection to the Chapter 11 reorganization…
News February 8Report: Zulily Plans Layoffs Amid Streamlining Of Merchandise, Studio Teams
Zulily is laying off employees at corporate offices in Seattle and Columbus, Ohio as part of a restructuring…
News August 5Bed Bath & Beyond Eliminates COO Position, Cuts Corporate Staff By 7%
Bed Bath & Beyond will cut its corporate staff by 7% and eliminate the role of COO as…
News July 24Payless Could Close All North American Stores In Prospective Bankruptcy Proceedings
Payless is discussing plans to shutter a significant portion, or even all, of its North American stores as the…
News February 13Top Stories
