Update: 3:08 p.m.
Kohl’s spokesperson Jen Johnson shared this statement with WTMJ.
Today, we restructured parts of our organization to create a more customer-centric focus and position Kohl’s for long-term success. This reorganization in our business will empower decision-making, reduce management layers, streamline communications and drive greater efficiency in many areas of our business.
This includes the difficult but necessary decision to eliminate approximately 250 positions. The departures include removing a layer of regional store leadership roles and positions, restructuring teams in our merchant organization, and changes to other positions in our corporate offices.
We put a great deal of thought and planning into this decision and have offered a competitive severance package and outplacement services to help all affected associates as they transition to their next step. We deeply thank these associates for their contributions and years of service at Kohl’s.
It is important to note that Kohl’s is in a position of financial strength. We are not closing any stores or corporate offices and we are continuing to hire in key areas. The company is also continuing to invest in many areas of the business including our stores, technology and strategic growth initiatives. The organizational changes we’ve made are driven by the evolution of our strategic business priorities to create a more agile and empowered organization to support our long-term sustainable growth.
Original story
A report says that a national retailer based in Menomonee Falls is letting go of hundreds of employees.
CNN Business reporter Nathanial Meyersohn says that Kohl’s is letting go of 250 workers. According to the Journal Sentinel, job losses would include some at their Menomonee Falls base, and in their California and New York offices along with other locations.
Little news: Menomonee Falls, Wisconsin-based Kohl’s is laying off 250 employees, including regional store leaders, merchants and other corporate roles.
— Nathaniel Meyersohn (@nmeyersohn) February 12, 2020
“It is important to note that Kohl’s is in a position of financial strength,” a spox said.
Kohl’s says it’s not closing any stores or corporate offices.
— Nathaniel Meyersohn (@nmeyersohn) February 12, 2020
Last week, Macy’s said it will close 125 stores over the next three years, which will put it at around 500 stores.
Kohl’s has 1,100+ stores. Fair to ask if that number is sustainable…https://t.co/prIYU73owU
Full Kohl’s statement on layoffs pic.twitter.com/bKPjtDXIMq
— Nathaniel Meyersohn (@nmeyersohn) February 12, 2020
There was no initial word on how many jobs would be lost in Southeastern Wisconsin.
WTMJ has reached out to Kohl’s for comment.
Check back for more details on this breaking story as they come in to us.
