About 250 jobs to be cut in corporate restructuring

28 Macy's, 1 Bloomingdale's to close

[ad_1]

rssfeeds.usatoday.com

MILWAUKEE – Kohl’s is eliminating about 250 positions in a company restructuring that the retailer said will improve efficiency. 

The eliminated positions are across the organization at the corporate level, Kohl’s Senior Vice President of Communications Jen Johnson said in a statement Wednesday.

The reductions affect workers at the Menomonee Falls, Wisconsin, headquarters; offices in New York and California; and in other regional positions. 

“The departures include removing a layer of regional store leadership roles and positions, restructuring teams in our merchant organization and changes to other positions in our corporate offices,” Johnson said.

Those whose roles were eliminated were notified Wednesday. In most cases, the last day of payroll is Feb. 29. The affected workers were offered “a competitive severance package and outplacement services,” Johnson said. 

Store closings pile up:Many closures already announced as retailers face another grim year



[ad_2]

Source link

Published
Categorized as Business

By Bernice Caldwell

Bernice is one of the finest authors Industry News Today portal has until now. Bernice's linguistic and well-written technique is one of the plus points that have the readers glued to her articles. Bernice currently heads the Healthcare and Services domain as her knowledge on the medical topics is immense. She has just joined the Industry News Today portal 6 Months back but the love for writing can be very well seen. She may be short on experience but it has definitely not stopped her from presenting some of the finest articles. Bernice is currently a very well-known personality on the portal to have shown her skillful writing in such a limited time span.

Leave a comment

Your email address will not be published. Required fields are marked *