Levi Strauss to cut 15% of corporate jobs; guidance misses estimates

[ad_1] By Bloomberg Published Jan 26, 2024 Levi Strauss & Co. slumped after announcing it will cut as much as 15% of its corporate workforce to boost efficiency. The company also gave an outlook for 2024 sales and profit that fell short of Wall Street’s expectations. Levi’s Levi, which is prioritizing direct-to-consumer sales over wholesalers, […]

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