Jos. A. Bank to Lay Off 122 From Headquarters
Nearly a year after being acquired by rival Men's Wearhouse in a contentious takeover struggle, Jos. A. Bank Clothiers will lay off 122 employees at the company's corporate headquarters in Hampstead, Md., a company spokesman said Monday. The layoffs represent about 15 percent of the 780 employees at what has been Carroll County's fourth-largest employer. The employees losing their jobs were duplicating work being performed at Men's Wearhouse offices in New York City and Fremont, Calif., said Men's Wearhouse spokesman Diego Louro, although he declined to specify the types of positions being eliminated.