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Burberry Laying Off 1,700 Workers As High-End Fashion Designer's Sales Plunge
Burberry is cutting more than 1,500 jobs worldwide after the British luxury fashion brand saw a steep drop in profits.
The company will lay off about 1,700 workers by 2027, Burberry said in an earnings report on Wednesday, May 14. The job cuts are part of a broader restructuring plan, aiming to save 100 million British pounds.
The cuts will come from operational expenses, including procurement, real estate, and staffing. Burberry said the changes are "subject to consultation where applicable."
The layoffs follow a difficult year for Burberry, which reported a 94% drop in adjusted oper…
Target Will Pay You To Trade In Your Old Car Seats In NY: Here's How To Participate
Got an old car seat collecting dust? Target is running a nationwide car seat trade-in event this week, and shoppers across the U.S. can score 20% off a new one just for recycling the old.
According to Target’s website, guests can drop off used, expired, or damaged car seats at most Target stores from Sunday, May 4 to Sunday, May 10. In return, you can receive a 20% Target Circle™ Bonus toward a new car seat, base, travel system, stroller, or select baby gear. Accepted items include infant seats, boosters, bases, and convertible models.
To redeem the offer, shoppers must scan the QR cod…
