Lululemon is in the process of closing down its distribution center in Washington and laying off 128 employees, according to ...
Plenty of companies are clearly taking the cost-cutting approach to their business models in search for efficiencies and margin improvement. Lululemon (NASDAQ:LULU) appears to be one such company, ...
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Canadian Athleisurewear giant Lululemon is set to close its distribution center in Washington, leading to the layoffs of 128 ...
The athletics retailer had a round of layoffs as it shuttered a distribution center and Mango opened locations in Washington, D.C., and Boston.
Just two years ago, Peloton replaced its co-founder John Foley in the CEO seat with Barry McCarthy, formerly of Netflix and ...
Lululemon plans to shutter its Washington State distribution center and axe more than 100 employees, the athleisure purveyor ...
Barry McCarthy took over as C.E.O. in February 2022 to revive Peloton from its late-pandemic slump, but the company has struggled to become profitable.
The layoffs included 740 people. The problem is more significant than it seems. Nike called this its “second round of layoffs ...
EV startup Fisker Inc. is laying off more employees to "preserve cash," one week after warning investors it would have to ...