Liz Claiborne Inc. announces additional cost reduction initiatives including the elimination of 725 positions
Liz Claiborne Inc. today announced that it is implementing additional cost reduction initiatives in response to the highly uncertain economic environment, including the elimination of approximately 725 positions or 8 percent of its US workforce, the previously reported closing of its distribution center in Mt.
Retailer Liz Claiborne Inc. said today that it will eliminate about 725 jobs, or eight per cent of its US work force, as it looks to cut costs amid tightened consumer discretionary spending.