Levi Strauss plans to cut at least 10% of corporate workforce

Levi Strauss will lay off at least 10% of its global corporate workforce as part of a restructuring, the apparel retailer said Thursday.

The job cuts will take place in the first half of the year, and could affect up to 15% of corporate employees, Levi’s said.

The company made the announcement as it reported fourth-quarter earnings.

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