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Gap to Cut Hundreds of Jobs in New Round of Layoffs

Gap to Cut Hundreds of Jobs in New Round of Layoffs

Gap Inc. is eliminating hundreds of jobs from its global workforce, the Wall Street Journal reported on Tuesday, citing people familiar with the situation.

The apparel retailer joins a growing number of American firms, including tech giant Facebook-parent Meta Platforms Inc. and consumer companies Clorox Co and Wayfair Inc., to downsize its workforce amid mounting worries of a recession in the US.

The current round of job cuts at Gap is…


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