Thread regarding Saks Inc. layoffs

Saks Global will slash about 5% of corporate workforce

The retail giant — which also owns Saks Fifth Avenue, Bergdorf Goodman and Saks OFF 5TH — will lay off employees from finance, legal and operations, human resources and technology departments, according to an internal memo sent to staffers that was viewed by The Post.

https://nypost.com/2025/02/25/business/saks-global-will-slash-about-5-of-corporate-workforce-after-buying-neiman-marcus-source/

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If Hudson's Bay serves as an indicator, Owner, Richard Baker is likely to file for bankruptcy for Saks Global.

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