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Kohl's to cut 15% of corporate workforce as Covid-19 bites

2020-09-16 12:17:00| Daily apparel & textile news and comment - from just-style.com

US department store retailer Kohl's is to cut around 15% of its corporate workforce in response to the business impact resulting from the Covid-19 pandemic.

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Three UK to cut around 7% of staff

2020-09-16 02:00:00| Total Telecom industry news

Reports from Bloomberg suggest that Three UK is set to reduce its staff total by around 7%. The company currently employs around 4,300 people, meaning around 300 workers could see their jobs cut.   In general, the telecoms sector has handled the pressures of the coronavirus pandemic well…read more on TotalTele.com »

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Haribo stocks run low at Tesco over price cut row

2020-09-11 16:43:48| BBC News | Business | UK Edition

The supermarket is reportedly not ordering more sweets until the confectioner agrees to drop prices.

Tags: price low run cut

 

Under Armour to cut 600 corporate jobs

2020-09-10 11:53:00| Daily apparel & textile news and comment - from just-style.com

US sportswear retailer Under Armour is to cut around 600 corporate jobs as it extends a restructuring plan it laid out in April.

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British Airways' owner to cut more flights

2020-09-10 11:04:26| BBC News | Business | UK Edition

IAG, which also owns Iberia, says it does not expect demand to return to 2019 levels until 2023.

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