CityNews Toronto
•
24th January 2023
Hudson's Bay to shed 2% of workforce amid 'strategic realignment'
Hudson’s Bay is laying off two per cent of its total workforce, estimated to be about 250 employees, largely within Canada.
The layoffs will impact corporate roles at The Bay and Hudson’s Bay, the retailer’s online and brick-and-mortar operations, respectively, the company said Tuesday.
Retail workers in stores are not affected by the job losses.
Spokeswoman Tiffany Bourre said the changes come as the retail sector navigates “significant external pressures.”
The company is “realigning its str...