$Lululemon Athletica (LULU.US)$ Yoga-wear giant Lululemo une...
$Lululemon Athletica(LULU.US$ Yoga-wear giant Lululemo unexpectedly announced layoffs because it wanted to close a warehouse in Washington and lay off 128 workers. A lot of people say that there aren't many people, wet, wet, and broken. If you look at Alibaba's 200,000 employees, they also laid off a few thousand people at the beginning.
The issue of layoffs is not a matter of too many people or fewer people; it is a trend issue, ah, the most important thing.
The issue of layoffs is not a matter of too many people or fewer people; it is a trend issue, ah, the most important thing.
In the past, they were recruiting people and scavenging people with high salaries, but now not only are they not recruiting, but they are also reducing staff. What kind of environment? If you think about it a little bit, you'll know that expectations for the future have changed. You need to know that Lululemon's warehouse area increased from 1.12 million square feet to 4 million square feet in four years. The rapid expansion period has passed, and now it needs to be adjusted. Amazon has all laid off employees. What is Lululemon.
This is what we said in previous installments that Lululemon has entered a new era. Revenue surpassed 10 billion US dollars this year, and Lululemon has entered an era of exponential growth, and efficiency has become more important. Whether it is employee efficiency or warehousing and logistics efficiency, it is necessary to rectify. Not only must money not be wasted, but one penny must also be spent as two cents. This time, too, was the warehouse layoff; the two warehouses merged into one.
In fact, not only Lululemon, Nike, which has a lot of money, also announced a layoff plan last year. It will lay off a total of 2% of its employees, almost more than 1,600 people. It has just laid off 740 people. This layoff plan is to save 2 billion US dollars every year. Simply put, after the epidemic, it became difficult to do business, and all industries began to cut costs.
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