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Levi Strauss Layoffs 2024: What to Know About the Latest LEVI Job Cuts
LEVILevi Strauss & (LEVI) InvestorPlace·2024-01-26 14:22

Levi Strauss (NYSE:LEVI) layoffs are coming for the company’s employees in 2024 as it prepares to cut costs and save money in a tough economy.That update came in the company’s earnings report for Q4 2023. In that update, Levi Strauss said the layoffs will affect between 10% and 15% of its corporate workforce and save it $100 million this year.Levi Strauss notes that these layoffs are set to take place in the first half of 2024. The company also expects to suffer $110 million to $120 million in charges in th ...