Bonobos Trims Jobs as Owner Walmart Seeks to Cut E-commerce Losses - News Summed Up

Bonobos Trims Jobs as Owner Walmart Seeks to Cut E-commerce Losses


Bonobos, the men’s apparel retailer owned by Walmart Inc., is laying off some staff on Monday as Walmart works to narrow losses in its unprofitable U.S. e-commerce division. A few dozen people are being laid off, a personal familiar with the situation said. Bonobos has around 600 employees, said a Bonobos spokeswoman. “These decisions are...


Source: Wall Street Journal October 07, 2019 18:55 UTC



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