Bonobos Cuts Jobs After Push From Parent Company Walmart

Men’s apparel retailer Bonobos, which is owned by Walmart, announced earlier this week that it laid off dozens of employees following a push from Walmart to cut its e-commerce losses, reports The Wall Street Journal. Walmart acquired Bonobos in 2017, but the brand is still not profitable for the retail giant, even after its expansion … Continue reading Bonobos Cuts Jobs After Push From Parent Company Walmart