Gap Inc. to Lay Off 1,800 Workers as Part of Cost-Cutting Efforts
The widespread layoffs in big tech firms are now spilling out to other industries. Clothing retailer Gap announced on Thursday that it plans to lay off 1,800 employees as part of the company’s cost-cutting efforts.
Gap first initiated job cuts in September when it announced...
Gap Inc Stock Dips Amid CEO Change
Clothing retailer Gap Inc announced a CEO change on Monday. The company parted ways with Sonia Syngal, who stepped down from the position after two and a half years. Bob Martin, who serves as the company's executive chairman of the board, will step in...