Thread regarding L Brands layoffs

Which functions or locations are most impacted?

Does anyone know which areas of the business/teams and/or locations are most significantly impacted?

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| 2531 views | | 3 replies (last July 30, 2020)
Post ID: @OP+16bvBAL7

3 replies (most recent on top)

Ohio, New York, China, Bangalore. = Home Office

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Post ID: @1vvb+16bvBAL7

Is it really just home office employees? If 850 is 15% of the total home office staff, that would mean there are close to 6k workers in the home office. I worked in the home office for almost 15 years and I don't remember there being anywhere close that many people!

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Post ID: @1oyf+16bvBAL7

Significant reductions in MGT

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Post ID: @jda+16bvBAL7

It's 15% at HQ across the board, but mostly if you fall under "overhead" from an accounting perspective.

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Post ID: @mbh+16bvBAL7

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