Topics regarding layoffs at Lands' End Inc.

Topics regarding layoffs at Lands' End Inc.

Going concern SEC filing

Lands End filed that 8-k about how it can't find refinancing for the loan coming due soon, and it doesn't sound like owner Eddie Lampert has the means to bail them out either. It doesn't look good at all.

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Post ID: @OP+167rHz6i

It doesn't look good

On top of ongoing airline lawsuits, losing a lot of business because of the airline route closures and the loss of uniform business due to schools going online in the fall. People aren't doing much in the way of vacations or buying retail clothing... — read more 

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Post ID: @OP+164M0ZD3

Lands End Annouced Mass Layoffs

I'm not sure how many people were laid off, but dozens of employees from the corporate office were laid off on May 21, 2020.

How are you handling furloughs?

What's your situation? If I do not start making money in 2 months I may end up homeless. This whole thing is horrible.

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| 943 views | | no replies yet (last April 7, 2020)
Post ID: @OP+14isqbPk

Furlough CoVID

Some employees furloughed for two weeks without pay. Asked not disclose to customers or discuss.

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| 2210 views | | 1 reply (March 31, 2020)
Post ID: @OP+14ahPUxa

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