Thread regarding Alliance Data Systems Corp. layoffs

L Brands-Scary

L Brands announced Tuesday it will lay off around 850 employees, 15% of its home office workforce.

The layoffs are part of measures the company hopes will reduce costs by $400 million each year. Approximately $175 million of savings are expected to be achieved in fiscal 2020.

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Post ID: @OP+16bDnhwP

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Yep, I think the hatchet is going to fall in a few months again

Post ID: @tpdr+16bDnhwP

With all these major brands laying off and declaring bankruptcy, I anticipate that ADS will be laying off again, probably in the fall

Post ID: @4ppm+16bDnhwP

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