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Levi’s to cut global workforce...

Levi Strauss & Co. announced on Thursday...

Levi’s to cut global workforce by 15% in 2-year restructuring

Levi Strauss & Co. announced on Thursday that it will be cutting its worldwide corporate workforce by 10% to 15% in the first half of the year as part of a two-year reorganization plan to reduce expenses and streamline operations.The annual report that the company filed with securities regulators states that as of the end of November, there were approximately 19,100 employees employed by the company.In the fiscal quarter ending November 26th, Levi's reported a 3% increase in net revenue to $1.64 billion, the company said Thursday. According to...

Levi’s to cut...

Levi Strauss & Co. announced on Thursday that it will be cutting its worldwide corporate workforce by 10% to 15% in the first half...
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