VF Corp. Undergoes Layoffs
August 31, 2022
VF Corp. announced Tuesday in an internal e-mail that it has eliminated about 600 office-based positions at the company, including 300 current workers and 300 open positions.
In a letter to employees, Steve Rendle, VF’s president and CEO, described the move as necessary to align its people and capabilities with its highest strategic priorities.
VF employs about 35,000 workers worldwide, of which 26,000 are in corporate roles. The layoffs represent about 1.7 percent of its workforce. SGB