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
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: mercnews - 🏆 88. / 68 Read more »