US: Talbots to axe 9% of workforce in latest cost cuts
Struggling women’s wear retailer The Talbots Inc is to axe 9% of its staff in a move that will save around $14m a year and comes as part of a long-range cost cutting and reorganisation plan.
Struggling women’s wear retailer The Talbots Inc is to axe 9% of its staff in a move that will save around $14m a year and comes as part of a long-range cost cutting and reorganisation plan.