Jannah Theme License is not validated, Go to the theme options page to validate the license, You need a single license for each domain name.
California

Gap lays off workers as consumers shy away from once-popular brands

Get out when you get out.Ask Abercrombie & Fitch (ANF) Or Victoria’s Secret (VSCO) What happens when consumer sentiment suddenly shifts elsewhere?

Despite efforts to revitalize the clothing and accessories brand, Gap, along with high-end Banana Republic, discount-oriented Old Navy, and athleisure-focused Athleta, of course, saw 500 customers this week. Company employees are laid off, and both sales and profits are sluggish, and they move to cut costs.

The work will be primarily in Gap’s headquarters in San Francisco and New York, as well as in Asia, a person familiar with the matter told The Wall Street Journal. The company has laid off staff and eliminated positions currently open in various departments. In recent days, some employees have been notified of layoffs.



https://www.thestreet.com/investing/gap-lays-off-workers-as-consumers-snub-its-once-popular-brands Gap lays off workers as consumers shy away from once-popular brands

Related Articles

Back to top button