A round of layoffs is also slated for the location, a spokesperson for the New York-headquartered chain told the San Francisco Chronicle on Thursday (the Chronicle and SFGATE are both owned by Hearst but have separate newsrooms). The number of employees impacted was not confirmed, but those who received layoff notices were offered severance packages, the spokesperson said.
https://www.sfgate.com/local/article/saks-fifth-avenue-san-francisco-union-square-19587302.php