In a statement released Wednesday night, a spokesperson with Abercrombie & Fitch confirmed the company has eliminated approximately 150 positions at their headquarters in New Albany.
The statement said the decision was made as a part of ongoing cost reduction initiatives.
You can read the full statement below,
As part of our ongoing cost reduction initiatives and after careful consideration, the Company has eliminated approximately 150 positions at the corporate level to ensure we are structured appropriately for the current retail environment. We appreciate the contributions these associates have made while with Abercrombie & Fitch and we will make certain that they are treated fairly and with respect through this process.
