Sign of the Times. Liz Claiborne Cutting Over 700 Jobs

February 4, 2009 • Fashion


Liz Is…in trouble! We hope Tim Gunn isn't out of one of his jobs. Yesterday it was reported that Liz Claiborne Inc. in an effort to reduce cots, is eliminating about 725 positions, or 8% of
its U.S. workforce, suspending merit pay increases for all employees
and closing its distribution center in Mount Pocono, Pa.

According to WWD, the
company won't specify how much will be saved by this newest
round of cuts. Of the job cuts, 350 are from the distribution
center, which will be closed in March to “better align our distribution
capabilities with the current and future realities of the economy and
our business.”

Including this round of
cuts, in the last two years the $4 billion vendor has closed six
distribution centers, cut about 2,200 global staff positions, and
streamlined its portfolio through selling, closing or licensing 14

Source & Photo: WWD

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