Gap Cutting Hundreds of Jobs, Second Mass Layoff in Months
Just months after eliminating approximately 500 corporate jobs in September, Gap is reportedly scaling back its staffing levels even more.
According to an internal memo that was reviewed by Bloomberg, the apparel retailer plans to lay off hundreds of employees in three phases.
The latest reduction is expected to affect members of the company’s international sourcing division, roles across brands in headquarters, and staff in finance.
While Gap didn’t disclose how many workers will be affected, the Wall Street Journal reported on April 25 that the job cuts could be deeper than the September layoff.
At the end of January, the retailer employed a total workforce of approximately 95,000 people, according to a regulatory filing.
Impact on Canadian staff
It remains unclear how many Canadian employees could be affected by the latest round of layoffs at Gap.
The company operates over 70 physical stores across the country, with the majority located in Ontario, Alberta, and B.C.
According to LinkedIn, Gap has more than 900 employees in Canada.
If you’re a non-unionized employee, check out our Gap Layoffs guide.
You can also use our free Pocket Employment Lawyer tool for real-time insights.
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