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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…
Eye Drops May Be Contaminated, Sparking Recall Of 1.8M+ Bottles
More than 1.8 million eye drop bottles distributed nationwide are being recalled because the products may not be sterile.
AvKARE issued the voluntary recall for 1,819,080 cartons of eye drops in 75,795 cases. The Tennessee company said an audit by the Food and Drug Administration found manufacturing violations at BRS Analytical Services, the firm responsible for producing the eye care products.
The drops were sold under AvKARE's label and shipped between Friday, May 26, 2023, and Monday, April 21, 2025. The FDA classified this as a "Class II" recall, which mean…
More Amputated Fingertips Reported, Forcing Massive Cooler Recall To Expand
Igloo has expanded a major recall after dozens of new reports of severe fingertip injuries tied to its rolling coolers.
Igloo Products Corp. is recalling about 130,000 more coolers, the Consumer Product Safety Commission said on Thursday, May 8. The latest recall brings the total number of affected coolers to nearly 1.2 million.
The first recall was issued for 1,060,000 Igloo coolers back in February. In total, the company has received 78 injury reports, 26 of which involved fingertip amputations, bone fractures, or deep cuts, according to the CPSC.
The problem stems fr…
You Could Get Up To $100 In Apple's $95M Siri Eavesdropping Settlement: Here's How
Apple has agreed to pay $95 million after its Siri voice assistant was accused of secretly recording private conversations.
The tech giant approved the settlement in the class action lawsuit, which claimed Siri sometimes turned on by mistake and captured the conversations of unaware users. Apple has denied wrongdoing but agreed to settle the case.
Anyone who bought or owned a Siri-enabled device between Sunday, Sept. 17, 2014, and Tuesday, Dec. 31, 2024, can file a claim. The settlement covers iPhones, iPads, Apple Watches, MacBooks, iMacs, HomePods, iPod Touches, and Apple T…
