Abercrombie & Fitch cutting 170 jobs at HQ
Business First of Columbus - by Dan Eaton
Abercrombie & Fitch has decided to cut 170 jobs at their headquarters in Columbus, Ohio. The company has stated that by cutting the jobs it will continue to stay committed to improving its efficiency. Abercrombie & Fitch has already cut fifty jobs at its headquarters this past January. I do expect that the retailer will continue to cut jobs more as the recession worsens throughout the year. They have already experienced a thirteen percent decrease in sale during their 2008 fiscal year sales. This past February and March the retailer reported sales declines of thirty and thirty-four percent.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment