Barneys Lays Off 76 Employees

Following in the footsteps of competitors like Neiman Marcus Inc. and Saks Fifth Avenue, Barneys has begin its first round of layoffs. Yesterday, about 76 out of the 2,400 current jobs at the luxury store were eliminated. It’s worth noting, however, that 30 out of the 76 cuts were already vacant. Unsurprisingly, the reason behind […]