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Reuters: Liz Claiborne to cut 8 percent of U.S. workforce

Started by NaDiNe, February 03, 2009, 04:59:37 PM

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NaDiNe

Liz Claiborne to cut 8 percent of U.S. workforce
      
   
      


NEW YORK (Reuters) - Liz Claiborne Inc said on Tuesday that it planned to cut 725 jobs, or 8 percent of its U.S. workforce, to reduce costs in a weak retail market, sending the fashion company's shares up nearly 7 percent.<div class="feedflare">
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