Hudson’s Bay has eliminated approximately 41 roles to kick off 2025.
Charla Parkinson, a spokesperson for the department store chain, told The Canadian Press that the workforce reduction comes as the retail industry grapples with “challenging headwinds.”
Parkinson declined to provide details on the roles and locations affected by the job cuts.
The update comes after Hudson’s Bay scaled back its staffing levels in the summer, when it prepared to spin out some of its brands into a new entity called Saks Global.
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• BP to slash 5% of staff in 2025, part of $2B cost-cutting plan
• Microsoft trims several teams, separate from performance-based cuts
• Meta slashing 5% of staff to start 2025, moving out ‘low performers’
• Wayfair cutting 3% of global workforce, exiting Germany
If you’re fired or let go at Hudson’s Bay, understanding your legal rights is crucial.
Non-unionized employees in Canada’s retail industry are entitled to severance pay. The amount you’re owed is based on a variety of factors, including your role, tenure, age, and ability to find similar work.
Here’s what you need to know:
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