USA: Levi Axes Six US Plants, Cuts 3,300 Jobs
Jeans giant Levi Strauss & Co on Tuesday confirmed it will close six of its last eight plants in the US and axe up to 3,300 jobs worldwide as part of a major restructuring exercise. The job cuts represent about 22 per cent of the company's total workforce and come as the famous jeans maker looks to revive sliding sales by moving from manufacturing to marketing.
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