Fashion’s Struggle with Forced Labour: The Case of Patagonia, Nike, and Lululemon For years, fashion brands have grappled with the dark reality of forced labor within their supply chains. Companies like Patagonia, Nike, and Lululemon have made significant efforts to tackle this issue head-on, particularly in key fabric suppliers in Taiwan. Despite their ongoing initiatives, […]
CVS to Lay Off 2,900 Employees, Considering Company Breakup
In a significant restructuring move, CVS Health has announced its decision to lay off approximately 2,900 employees, a move that represents less than 1 percent of its total workforce. This strategic decision, unveiled on a recent Tuesday, is part of a broader initiative aimed at cost-cutting and operational efficiency. Importantly, CVS emphasized that these layoffs […]
Patagonia Cuts 41 Jobs Amid Major Restructuring
Patagonia, the renowned sustainability-oriented outerwear brand, is making a significant move by cutting 41 jobs as part of a comprehensive restructuring plan. This decision marks the second round of layoffs for the company in 2024, highlighting its ongoing challenges and shifts in strategic direction. In a LinkedIn announcement, CEO Ryan Gellert stated that these job […]