Gap is reportedly set to permanently close 19 stores across the UK and the Republic of Ireland once leases expire on July 31. The fashion retailer has decided not to extend the store leases due to a strategic review, which was first launched last... — read more
What happens to those employees? I’ve never experienced a store closure (thankfully) but I am curious as to what happens to those employees? Are they given an option to transfer to another location? If they choose to remain until the end are they... — read more
Since things are not really working out the way they are right now. "Hermione People & Brands, the retail arm of FIB Group, has entered exclusive talks to purchase Gap Inc.’s activities in France and operate stores under a franchise... — read more
While Gap business is suffering, they continue to pay an American executive & his entire family to live in Tokyo. Where the cost of living is among the highest in the world. An average size of a typical Japanese apartment is 500-650 sf, Gap is paying... — read more
Gap has laid off a significant amount of its HQ staff during covid. They have outsourced whole departments to 3rd party provides. Moved major portions of the business to Ohio and India. The salaries have been halved or more for these positions... — read more
Retail has been decimated in the past several years and the pandemic is just finishing off what's left. Gap was once a giant and now it's just a shadow of its former self. I think the stores they announced would be closing in the next few years are... — read more
What are your thoughts about potential Gap Layoffs 2021? Any news or rumors?
Oh, well... More jobs lost, but we knew this... 350 Gap, Banana Republic stores to shutter by 2024 as parent company exits malls Gap Inc. is moving away from the nation’s malls. The San Francisco-based retailer, which was for decades a... — read more
So let's think about this. Gap is glorifying and collaborating with Kanye, a man who proudly bragged about stealing from a Gap Store when he was a teenager. A man who thinks he is the second coming of Christ. An egomaniac who clothes have no... — read more
Gap IT managers are based towards third party vendors so there lot of layoffs.devops/cloud team.engineers will do nothing in name of job
which ones? anyone know?
Stores have started reopening all around the country, it's just a matter of time before we are going to follow suit. So why have layoffs now? What's the point?
Sad but true. Just when we think things are getting better, they do this to us. Could be more next week.
I've heard that not all 80k employees were furloughed but that some have been outright laid off. I don't know anybody in that group, everybody I've talked to personally says they've been furloughed. But if there are some people who were laid off then... — read more
Sounds like they're decentralizing much of the HQ efforts. Not efficient or effective. Theyll continue to burn through the cash in no time.
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/gap-says-current-cash-credit-113508088.html Good luck to all my gap peeps
I work for an online call center and got an email that top execs were accepting lower pay... All of this as a result of COVID-19. GAP is actually a good company and doing the very best in a horrible situation
If Don Fisher was still alive they would be paying people. I worked at that company almost 20 years. Not the same now. I'm sure all exec's are still being paid. People cant even get onto the sights first unemployment. Shame on them they could... — read more
At least if there is one close enough to us? I hear they are swamped and even getting OT, meanwhile, we are out of a job for who knows how long. Talk about getting the short end of the stick. If they start hiring at some point and don't offer it to... — read more
Here is a nice article to get you started, but there is much more available depending on each individual's location, you just have to do some... — read more
I understand the mom-and-pop type of businesses having to close and lay off employees, but big corporations such as Gap??? Shouldn't companies as big as this one have contingency plans for situations like this that won't leave their employees hungry... — read more
What will happen next and were will this take us?
How many people work at the company? How about the headquarters at San Francisco?
Thoughts? Any Gap Layoffs 2020? Any news or rumors?
Ohio DC hasn’t had much work since Dec. Lots of VTO offered. If laid off lots of people are screwed by taking the VTO. Unemployment benefits are based on your last quarter of income.
"Nowadays, younger shoppers wouldn't think of falling into the Gap but instead find trendier and more affordable clothing at Target or "fast-fashion" chains such as H&M. So, Gap plans to close around 230 stores over two... — read more
Seems like the CEO that took over so many billions ago knows what he's doing, eh?
Chicago Metro, the layoffs have started! That explains why Tom booked it to Old Navy!
Have all the stores that were part of the Gap's February announcement been notified or closed already? Anybody else thinks it's just a matter of time before the rest of us get a similar notification? I don't see any signs of a turnaround, so it... — read more
Another Gap store is closing its doors for good - no shock there. Just one of hundreds to come. These are truly sad days for this company... The Gap in Port Jefferson will close in April after 25 years in business... — read more
and the LAYOFFS continue.
Show of hands. How many of you are holding onto this stock as an investment choice with either short or long-term yields? How has the stock been performing for you lately? Missing expectations from quarter-to-quarter? Underperforming same-store-sales... — read more
I'm trying to figure out if this is a part of the announced major closing wave or if this is something separate. Anybody knows? The Gap stores in Colonie Center will close next month with 'store closing' signs going up later this week, according to... — read more
In case somebody missed it, looks like the leadership is getting ready to close hundreds of stores sometime soon. Great news to give us for holidays, really great. It'd be really nice to know if there is a way to know ahead if a store is affected... — read more
This thread is for info about potential Gap Layoffs in 2019 or any other relevant information?