Ralph Lauren to cut workforce and focus on online sales
The luxury apparel maker said the layoffs are expected to result in gross annual pre-tax savings of about $180 million to $200 million
Picture: Reuters
Ralph Lauren Corp said on Tuesday it would cut global workforce by the end of its fiscal year as part of a company-wide restructuring to focus more on online sales.
The luxury apparel maker said the layoffs are expected to result in gross annual pre-tax savings of about $180 million to $200 million.
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