Levi Strauss to lay off as a lot as 15% of corporate physique of workers, stock slides as profit forecast disappoints

With original management coming in after complicated 2023, Levi Strauss & Co. on Thursday launched plans to lay off workers and reduce charges over the following couple of years — portion of a multi-year “world productiveness initiative” that didn’t make powerful for the iconic jeans-maker’s portion mark following a disappointing profit forecast…
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