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Job Cuts Hit Kohl’s as Retailer Slashes 15% of Corporate Roles

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Months of financial pressure brought on by the Covid-19 pandemic culminated in massive layoffs at Kohl’s Tuesday. The Wisconsin-based mid-market department store retailer and employer of roughly 122,000 is cutting 15 percent of corporate jobs, according to a federal document filed Tuesday. The move will save about $65 million annually, and Kohl’s expects to record…

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