Levi Strauss forecast annual sales and profit below Wall Street expectations on Thursday, and said it would cut 10% to 15% of global corporate jobs as the denim maker seeks to rein in costs amid weakness in its wholesale business.
Levi Strauss slashing corporate jobs, looking to go upscale under new CEO Michelle Gass
New York Post - 26 Jan 2024 02:28
Levi Strauss forecast annual sales and profit below Wall Street expectations on Thursday, and said it would cut 10% to 15% of global corporate jobs as the denim maker seeks to rein in costs amid weakness in its wholesale business.
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