Gap Is Cutting 500 Corporate Jobs

1 week ago 48

Gap Inc. is eliminating astir 500 firm jobs, according to radical acquainted with the matter, moving to trim expenses astatine the apparel retailer amid declining income and profits.

The jobs are chiefly astatine Gap’s main offices successful San Francisco and New York arsenic good arsenic successful Asia, the radical said. The institution is laying disconnected unit and eliminating positions that are presently unfastened crossed a scope of departments. Some employees person been notified of the layoffs successful caller days, the radical said.

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