Hudson’s Bay cutting 250 corporate jobs amid efforts to ‘flatten the organization’

TORONTO –

Hudson’s Bay is shedding one other 250 staff, the second spherical of cutbacks this yr.

The Canadian retail arm of Hudson’s Bay Co. says the layoffs will impression company roles and brings the entire variety of workers laid off this yr to about 500.

None of the job losses have affected retail staff at Hudson’s Bay’s 84 department shops throughout Canada.

Spokeswoman Tiffany Bourre says the corporate is taking “additional steps to flatten the organization and streamline operations” because the retail sector continues to face headwinds.

She says financial pressures within the retail trade have endured longer than anticipated, making the second spherical of job losses essential.

Bourre says the corporate is dedicated to equity and respect because it helps its workers impacted by the layoff.