Lululemon Layoffs 2024. 28, 2024, lululemon’s lease commitments for distribution center operating leases which have been committed to, but not yet commenced, was $299.6. The cuts mark the second round of layoffs for the athleisure brand since july, when lululemon laid off about 100 employees amid a restructure in its studio.
It says some employees at the sumner,. Athletic apparel brand lululemon is laying off about 120 employees who support lululemon studio — the business arm that includes the fitness device mirror.
This Move Comes At An Interesting Time For Lululemon, As Business Remains Strong, And The Company Has Shown A Focus On Growth In Recent Quarters.
Lululemon expanded its warehouse space threefold from 2021 to 2024 so while some employees will transfer to other locations, 128 workers will face layoffs.
Lululemon Is Reducing Its Workforce Again, This Time Cutting 120 Employees Across Its Lululemon Studio Team.
The closing will result in 128 employees being laid off, according to a warn notice filed with the state’s employment security department on april 18.
The Layoffs Will Begin On June 21, Per The Notice,.
Images References :
Lululemon Is Planning To Shut Down Its Washington Distribution Center.
Lululemon plans to shut down the facility by the end of 2024, a company spokesperson told cnbc.
Layoffs Are Expected To Begin June 21, The Filing Shows.
Lululemon is reducing its workforce again, this time cutting 120 employees across its lululemon studio team.
Canadian Athleisurewear Giant Lululemon Is Set To Close Its Distribution Center In Washington, Leading To The Layoffs Of 128 Employees, According To A Filing In.