Chanel’s 70 layoffs and the thinning cure of big brands

Chanel's 70 layoffs and the thinning cure of big brands

Layoffs are on the horizon for big brands, from luxury to sports and retail chains. The global environment is complicated, and companies are trying to optimize everything. Not only the production process, but also their org structures. Consequently, they are enacting thinning cures to maintain (or increase) profitability. Chanel’s 70 layoffs Chanel is laying off…

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