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Ralph Lauren Faces Huge Reorganization, Layoff

Ralph Lauren is laying off 15% or 3,600 of its employees in a reorganization that aims to streamline global operations and accelerate a plan for long-term growth. “The $6.16 billion apparel giant has been evaluating the company’s cost structure, focusing on team organizational configuration, real estate footprint including distribution centers and corporate offices,” according to Sourcing Journal.

Read the whole story at Sourcing Journal »

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