Iconic clothing company slashes 100-plus Bay Area jobs

  • 📰 OakTribNews
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Levi Strauss & Co. has revealed plans to chop well over 100 jobs in San Francisco, potentially adding to a “doom-loop” scenario in that city.

Levi Strauss & Co. has revealed plans to chop well over 100 jobs in San Francisco, the latest in an ominous wave of layoffs that could reinforce views that a “doom loop” now grips the Bay Area’s second-largest city.

“Levi Strauss & Co. is undertaking a reorganization that is resulting in a reduction in its workforce at its headquarters facility,” David Cardiff, an associate general counsel with Levi Strauss, wrote in the company’s WARN notice to the EDD and local government officials. — Multiple hotels in San Francisco are struggling. At least one hotel was seized through foreclosure and sold to a new owner.

During the first six months of 2023, the San Francisco and San Mateo County region added 21,000 jobs, according to seasonally adjusted figures released by the state EDD. All impacted workers were expected to receive at least 60 days’ notice that their jobs were being terminated, according to the WARN letter.

“This is a difficult, but necessary, course we are taking,” the Levi Strauss executive wrote in the WARN letter.Animal rescue group abandons dozens of dogs at California kennel

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 597. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Tech companies slash more than 3,900 Bay Area jobs in 2024 as layoffs widenCutbacks fueled by hundreds of staffing reductions in February hint at a forbidding year for the crucial industry.
مصدر: mercnews - 🏆 88. / 68 اقرأ أكثر »