AM I NEXT? NO LOVE AT LEVI STRAUSS & COMPANY (03/13/2024)

MARCH 13, 2024 — 146 HEADQUARTERS EMPLOYEES

The company has announced a planned reduction in force that will affect 146 employees at the company’s San Francisco, California as part of a broader reorganization. Layoffs are scheduled for April 27, 2024.

FEBRUARY 12, 2024 — ORIGINAL POST

San Francisco, California-based Levi Strauss & Co., an iconic clothing company with a worldwide reputation for its Levi's brand of denim jeans, has announced plans to exit its Denizen brand, cut back on off-price sales, and reduce its global corporate workforce by ten- to fifteen percent.

The workforce reduction will impact approximately 500+ employees and is expected to be completed by the first half of 2024.

The incoming president and CEO of Levi Strauss & Co. noted, “We have a strong pipeline of newness and innovation launching this year to fuel consumer demand. And I am confident in the significant growth opportunities ahead for this company including accelerating international growth, becoming a denim apparel lifestyle business, and leading with direct-to-consumer marketing."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?