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Gap Plans To Eliminate 500 Jobs: WSJ

Gap Plans To Eliminate 500 Jobs: WSJ

Gap计划裁掉500个工作岗位:《华尔街日报》
Benzinga Real-time News ·  2022/09/20 13:58
  • Gap Inc (NYSE:GPS) looks to slash about 500 corporate jobs in order to cut expenses.
  • The jobs are mainly at Gap's main offices in San Francisco and New York as well as in Asia, the WSJ reported, citing people familiar with the matter.
  • Also Read: Kanye West's Yeezy Cuts Ties With Gap: What You Need To Know
  • "We've let our operating costs increase at a faster rate than our sales, and in turn, our profitability," the report quoted interim CEO Bob Martin in a memo to employees.
  • The company has been struggling with a slump in sales, especially in its Old Navy brand, which accounts for the majority of the company's sales.
  • The job cut follows similar moves by other retailers, including Walmart Inc (NYSE:WMT), Abercrombie & Fitch Co (NYSE:ANF), and Bed Bath & Beyond Inc (NASDAQ:BBBY), as rising inflation changes spending patterns.
  • Also, Gap issued a statement on the launch of The Athleta Look, a unique styling formula, and a corresponding eight-piece performance-based capsule collection.
  • Price Action: GPS shares are trading lower by 3.68% at $9.17 on the last check Tuesday.
  • Photo Via Company
  • Gap Inc.(纽约证券交易所股票代码:GPS)希望削减约500个公司工作岗位,以削减开支。
  • 《华尔街日报》援引知情人士的话报道,这些职位主要在Gap位于旧金山和纽约的主要办公室以及亚洲的办公室。
  • 也请阅读坎耶·韦斯特饰演的Yeezy切断了与Gap的联系:你需要知道什么
  • 该报告援引临时首席执行官鲍勃·马丁在给员工的一份备忘录中的话说:“我们让我们的运营成本以比销售额更快的速度增长,反过来也比我们的盈利能力更快。”
  • 该公司一直在努力应对销售额下滑的问题,特别是其老海军品牌,该品牌占该公司销售额的大部分。
  • 在此次裁员之前,其他零售商也采取了类似的举措,包括沃尔玛(纽约证券交易所代码:WMT),Abercrombie&Fitch Co.(纽约证券交易所股票代码:ANF),以及Bed Bath&Beyond Inc.纳斯达克:BBBY),因为不断上升的通胀改变了消费模式。
  • 此外,Gap发布了一份关于推出Athleta Look的声明,这是一个独特的造型配方,以及相应的基于性能的八件式胶囊系列。
  • 价格行动:在周二的最后一次检查中,GPS的股价下跌了3.68%,至9.17美元。
  • 照片通过公司
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