Around the Net
Bath & Body Works Cuts 130 Jobs After Losing COO
- Retail Dive, Thursday, August 18, 2022 3:55 PM
Bath & Body Works is eliminating around 130 roles, the majority of which are leadership positions, in order to simplify its operating structure. The news follows an announcement earlier in the week that Chief Operating Officer Chris Cramer is resigning “to pursue other opportunities,” according to an SEC filing. Bath & Body Works doesn’t intend to fill the roll.The company of $1.6 billion in the second quarter, a 5% year-over-year decrease.
