Merchandising

Kohls cutting corporate workforce due to pandemic impact

Photo by istock.com

September 21, 2020

Retailer Kohl's is cutting 15% of its corporate jobs in its quest to reduce costs in light of the ongoing coronavirus pandemic.

It equates to a savings of about $65 million, according to a New York Post report.

The job reduction, according to the New York Post, is part of a $100 million cost reduction strategy and Kohl's did not indicate how many jobs were impacted.