HBC Announces 2,000 Layoffs

Prince George, BC, Canada / CKPG News
HBC Announces 2,000 Layoffs

Hudson’s Bay is eliminating two thousand jobs across North America.  Some of the laid off workers were notified of their impending job loss back in February.  The remaining affected workers were notified today.  HBC officials couldn’t say if any employees at the Prince George location of The Bay were affected however they did say the majority of the layoffs took place in HBC operations in the United States.  HBC the move is expected to $350 million annually.  The Bay says the savings are required to help offset various challenges it’s facing within the retail sector.

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