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LEVI STRAUSS PLANS TO CUT AT LEAST 10% OF ITS GLOBAL CORPORATE WORKFORCE IN RESTRUCTURING




Levi Strauss will lay off at least 10% of its global corporate workforce as part of a restructuring, the apparel retailer said Thursday as it said it expected weaker sales this year.

The job cuts will take place in the first half of the year, and might affect up to 15% of corporate employees. As of Novemberthe company had more than 19,000 employees as of November, but it is unclear how much of that workforce is in corporate offices.

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