Kohl's to cut 15% of office jobs due to virus-related slump

Kohl’s said Tuesday that it will cut 15% of its office staff to save money as sales continue to be hard-hit by the pandemic

NEW YORK -- Kohl's, whose sales have been hurt by the pandemic, said Tuesday that it will cut 15% of its office workers to save money.

In recent months, other major retailers including Levi's and Victoria's Secret owner L Brands have also announced job cuts for corporate staff.

Kohl's, like other retailers that sell clothing and other non-essential items, temporary closed all its department stores at the start of the pandemic. After reopening, its sales in the second quarter still fell 23% and the company reported a loss of $39 million.

Kohl's Corp. said cutting the jobs will save it about $65 million a year.