Columbus, Ohio-based Bath & Body Works, a retail store chain that sells soaps, lotions, fragrances, and candles, has announced management changes to simplify its operating structure and a reduction in force.
The reduction in force will impact 130 employees, the majority of which are in leadership positions. Other initiatives include organizational changes, additional cost control actions, and merchandise margin improvement opportunities.
A company spokesperson noted, "As part of efforts to better position the organization for long-term growth and create organizational efficiencies, the company recently simplified and realigned its operating structure. These actions included the elimination of about 130 roles, the majority of which were leadership positions. While we are taking aggressive action to control costs and improve overall efficiencies, we remain focused on customer-facing investments, including the upcoming launch of our loyalty program throughout the U.S.”
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?