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Canada's largest department store chain is slashing 1,000 jobs across Canada, or 5 per cent of its full-time workforce, citing the need to cut costs.5 f; I% k2 x( H- k
/ x! X( M2 F# A& [* m# y8 cHudson's Bay Co. said today that the job losses, which affect mainly head office staff in accounting, information technology and logistics, would help it save $150 million a year.- w" m) H U& s; |1 [2 G& B
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The job cuts, effective today, are the result of a strategic decision by Hudson's Bay's new U.S. owners to combine more of its Canadian and U.S. operations to save money.
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4 |/ h* G% K2 G/ ~% `But there could be more cost-cutting if business conditions worsen, the retailer warned. |
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发表于 2009-2-4 15:34
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