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Canada's largest department store chain is slashing 1,000 jobs across Canada, or 5 per cent of its full-time workforce, citing the need to cut costs.' m3 y& N7 q, J) [2 v1 I8 J
! h' \) a7 b0 Q: C0 e9 QHudson's Bay Co. said today that the job losses, which affect mainly head office staff in accounting, information technology and logistics, would help it save $150 million a year.) U" \2 d' W8 p: E
B- N- Y% o8 fThe job cuts, effective today, are the result of a strategic decision by Hudson's Bay's new U.S. owners to combine more of its Canadian and U.S. operations to save money.
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& N2 _$ \% [: g( I. }2 n& F8 y: |But there could be more cost-cutting if business conditions worsen, the retailer warned. |
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发表于 2009-2-4 15:34
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