j crew slashes 175 corporate jobs after 5 drop in sales /

Published at 2015-06-11 01:41:32

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The retailer’s chairman and CEO said layoffs of 10% of staff are fraction of ‘meaningful and strategic changes’ to improve company’s outlookEven Michelle Obama couldnt save J Crew. The first lady’s preferred retailer cut 175 full-time positions from its corporate headquarters in unique York, the company announced in a press release on Wednesday. Continue reading...

Source: theguardian.com

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