Gap to lay off about 1,800 employees in second round of job cuts
Gap Inc said on Thursday it would cut about 1,800 jobs in a second round of layoffs, joining a set of big U.S. companies that are downsizing in earnest as high inflation eats into consumer wallets. Shares of the Banana Republic parent rose about 2% in early trade. In September, Gap eliminated about 500 corporate … Read more