Kohl's lays off 250 as part of a reorganization - Business Insider

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Kohl's cuts 250 jobs while arguing that it is operating from 'a position of financial strength'

In the statement, Johnson noted that Kohl's is not slated to close "any stores or corporate offices" and that it is "continuing to hire in key areas." The role eliminations will affect regional store leadership, Kohl's merchant organization, and certain corporate teams.February 12, 2020

Johnson said in the statement that Kohl's will offer laid-off employees both outplacement services and "a competitive severance package," and thanked them "for their conbtributions and years of service at Kohl's." "The organizational changes we've made are driven by the evolution of our strategic business priorities to create a more agile and empowered organization to support our long-term sustainable growth," Johnson said in the statement.

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