Subscribe
66°
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…
Trump Lies About $1.98 Gas: See Where That Number Likely Came From
President Donald Trump says gas is down to $1.98 a gallon, but that number doesn't exist at any pump in the country.
In early May, Trump has repeatedly claimed gas has fallen below $2 a gallon. He made the claim in the White House, social media posts, and during an interview with NBC's Meet the Press on Sunday, May 4.
Trump also said gas was $1.98 a gallon when speaking with ABC News on Tuesday, April 29, at the end of his first 100 days back in the Oval Office.
"So now, if you look at what's happened, energy is down," Trump said. "Gasoline hit $1.98 in a few states during the last co…
NY Man Claims Woman He Killed Is Alive, Gets Max 40 Years For PA Motel Murder: AG
A New York native who claimed his victim was still alive has been sentenced to the maximum prison term for beating her to death in a Luzerne County motel room, authorities announced.
Joseph Alan Sarmiento, 40, of Quakertown, was sentenced to 20 to 40 years in state prison on Thursday, May 1, for the third-degree murder of Helena Johnson, 38, of Massachusetts, according to Attorney General Dave Sunday.
Sarmiento had been staying with Johnson at the Red Carpet Inn on North Church Street in Hazle Township in June 2021 when, investigators say, he fatally beat her and left her body in the bathtu…
