Saks Global Inc. is closing its Saks Fifth Avenue store in San Antonio. This decision will result in 71 permanent layoffs for employees. The affected staff includes managers, beauty specialists, and sales associates. Layoffs are scheduled to occur between May 6 and May 31. This closure is part of a broader strategy by Saks Global, which recently filed for Chapter 11 bankruptcy.
San Antonio, Texas
https://www.msn.com/en-us/money/companies/saks-laying-off-71-employee-as-it-closes-san-antonio-store/ar-AA1YzCZl?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1&bundles=feat-es2020-c