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World News

HBC announces 250 layoffs, mostly in Canada

Hudson’s Bay is laying off 2% of its workforce, estimated at around 250 employees, mainly in Canada.

The company says the layoffs will impact the company’s roles at The Bay and Hudson’s Bay, the retailer’s online and physical operations, respectively.

Spokeswoman Tiffany Bourre said the changes came as the retail sector navigated under “significant external pressures”.

She says the company is “realigning its strategic priorities and increasing the efficiency of its operations.”

Bourre says the decision was not easy and the company is committed to treating everyone fairly and with respect.

Hudson’s Bay permanently laid off about 600 workers in Canada two years ago as part of extended COVID-19 closures of non-essential retail businesses.

ctvnews Canada news

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