Starbucks’ $1 Bn Restructuring Plan To See Lay Offs, Store Closures
Starbucks will incur approximately USD 1 billion related to the store closures, support organisation transformation, and other restructuring activities
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H&M To Close 25% Of Spanish Stores, Lay off 588 Workers
- by BW Retail World Bureau
- January 27, 2024
H&M on Friday said that it plans to close down more than a quarter of its stores and lay off as many as 588 workers in Spain, Reuters reported. The company will lay off employees for undisclosed organisational, productive, and economic reasons, according to a joint statement from unions CCOO and UGT. H&M operates 91 […]