Kohl's lays off 15% of its corporate workers - Business Insider

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Kohl's lays off 15% of its corporate workers

AP Photo/Jeff Chiu, FileThe department store chain also laid off about 250 people in a separate restructuring in February. Visit Business Insider's homepage for more storiesKohl's Corp said on Tuesday it has cut about 15% of its corporate jobs as the department store operator looks to save cash at a time when the COVID-19 pandemic hammers its business.

laid off about 250 peopleThe company said in a filing with the US Securities and Exchange Commission on Tuesday that combined, the two rounds of job cuts could save it $100 million on an annual basis. Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please emailfrom Business Insider Intelligence on how COVID-19 is affecting industries.

 

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