Lululemon Layoffs 2024: What to Know About the Latest LULU Job Cuts

Plenty of companies are clearly taking the cost-cutting approach to their business models in search for efficiencies and margin improvement. Lululemon (NASDAQ:LULU) appears to be one such company, with news of Lululemon layoffs sending shares of LULU stock higher on the day.The company announced plans to shut down its Washington distribution center after also previously announcing plans to add a new warehouse in L.A. and bolster its footprint around the U.S. The company did note that some employees will lik ...