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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.4 p; r0 E# A% T9 R+ h
8 m: _6 n6 r5 U9 R: f; E: 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 $150 million a year.4 r# }: l! K m1 W* p4 S$ K1 I9 J
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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.- x; V# M3 D9 o) ]+ v9 k2 X
% ]: Q$ \9 Z) Q' WBut 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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