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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.: v' v |4 d% C" e7 @9 c" K
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Hudson'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., q% x1 j& `6 Q9 W4 }
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The 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.7 C0 J, B) y1 A- i
k) b2 w% \) m5 F" YBut 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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