Came across this person’s LinkedIn post that he/she is open to work and appreciate referral to openings. Did not explicitly mentioned redundancy but looks that way.
Redundancy in the UK buying team
Looks like there’s at least 1 person made redundant in the London buying team, saw the person’s LinkedIn post made 2 weeks ago. This person has been with the team for almost 7 years. Anyone knows if it happened to other teams as well?
Layoffs across every team.
Lots of people across all corporate teams just got layoff notifications.
Furlough entire North American Retail Team
They laid off their entire North American retail workforce only giving them 20% of their salaries when and if they return
Furloughs Temp Layoffs
Things are really bad. People are hurting.
They let go about 100 people.
This round of layoffs at Michael Kors was tough. They let go about 100 people. This round was a little different since I think they let people go that contributed a lot to the company. Early rounds were people that you know either made too much or... — read more
Does John Idol have media on payroll?
This is the only explanation why no report on the layoffs are happening.
No one reporting Michael Kors layoffs
Michael Kors has an amazing PR team or the media is rigged to hide the firing that has been going on at Michael Kors. When Coach or Tory Burch had layoffs it was reported the next day. Michael Kors has had multiple rounds of firing without a single... — read more
Michael Kors layoff all levels
Michael Kors fired people at all levels. VP's to assistants were cut. Kind of surprising that heads of departments were fired. Management must be desparate to maintain stock prices until they can dump their stock. Bernie Sanders was right about a... — read more
Michael Kors to reduce work force
Things are not looking good for MK for several reasons. The brand is losing it's luster as it is accessible to the masses. My cleaning lady carries MK. Business in the low end of luxury is slowing as millennials shift spending habits. Then there is... — read more
Michael Kors will continue to shrink it's staff
Michael Kors' layoffs will continue if they can't turn around their business categories like watches and hand bags. Watch used to represent over a billion dollars. I don't see them competing with smart watches. Apple has single handedly killed... — read more
Layoffs to Accelerate
Hang in all - things are not looking good and Q3, Q4 as well as 2017 will bring more job loses. All of this is just my gut feeling, nothing really to base this on except my prediction.