Sign In
Buy GPS
$24.55
+0 (+0%)
At Close: Nov 19, 2024
Gap to Cut 1,800 Corporate Jobs. The Stock Is Rising.
10:02am, Thursday, 27'th Apr 2023
The layoffs are in addition to the 500 announced in September and are aimed at helping the clothing company hit the $300 million in annualized savings in its restructuring plan.
Gap discloses plan to lay off 1,800 employees as it looks to decrease management layers
09:26am, Thursday, 27'th Apr 2023
San Francisco-based Gap Inc. GPS disclosed Thursday that it was laying off 1,800 employees from its headquarters and its “upper field” workforce as part of a restructuring plan that includes simpl
Gap to lay off 1,800 workers as part of broad push to cut costs
09:17am, Thursday, 27'th Apr 2023
Gap will lay off 1,800 employees in headquarter roles and leadership positions in a cost-cutting initiative that will save the retailer $300 million.
Gap Layoffs 2023: What to Know About the Latest GPS Job Cuts
03:43pm, Tuesday, 25'th Apr 2023
Amid market concerns regarding disappointing corporate earnings reports, fashion apparel retailer Gap (NYSE: GPS ) compounded anxieties with a workforce reduction announcement. According to The Wall S
Gap to lay off ‘hundreds' of corporate workers: WSJ
02:35pm, Tuesday, 25'th Apr 2023
Gap Inc. GPS is planning to lay off hundreds of corporate workers in a bid to make the company “more nimble and less bureaucratic,” The Wall Street Journal reported Tuesday, citing people familiar
Gap will cut more than 500 workers in latest layoffs, as struggling retailer tries to reduce costs
02:19pm, Tuesday, 25'th Apr 2023
Gap will lay off more than 500 employees in its latest round of layoffs as the apparel retailer looks to cut costs and get back to profitability.
GAP stock declines as retailer is set to cut jobs: Report
01:30pm, Tuesday, 25'th Apr 2023
Yahoo Finance Live's Rachelle Akuffo discusses how trending tickers JetBlue, GAP, 3M, General Electric, and Raytheon Technologies stocks are moving into the noon hour.
Gap (GPS) Partners with Mattel to Enhance Collection
05:28pm, Thursday, 20'th Apr 2023
Gap (GPS) announces a new partnership with Mattel. The company is gaining from continued momentum across its Athleta brand.
2 Risky Dividend Stocks to Avoid
08:20am, Wednesday, 12'th Apr 2023
The apparel retail industry is dealing with weak demand and excess inventory. The Gap is struggling as its Old Navy brand flounders, and it can't afford its current dividend for much longer.
Can Gap (GPS) Get Back on Track Via Strategic Growth Efforts?
12:56pm, Monday, 10'th Apr 2023
Although rising inflation ail Gap (GPS), strength in its Athleta brand, cost-management efforts and the Power Plan 2023 strategy bode well.
Old Navy's response to slumping sales: More pockets
03:41pm, Tuesday, 04'th Apr 2023
Old Navy, known for its low-priced basic and trendy seasonal clothing, has adopted an interesting sartorial tactic amid sinking sales. In order to get customers excited to shop again at its stores, it
Gap Partners With Optoro to Improve Returns Experience
06:34pm, Tuesday, 28'th Mar 2023
As merchants begin to clamp down on returns, more brands are revisiting how they handle this inescapable aspect of eCommerce, with Gap the latest to announce it's trying a new way.
Will Investors Lose Their Shirts Chasing Gap's 6.8% Dividend?
09:25am, Monday, 27'th Mar 2023
As the apparel industry adjusts to ‘new norms' in the wake of the pandemic, bolstering omnichannel sales is just part of the challenge. Companies continue to face supply chain snags and cost inflati
These 3 Dividend Stocks Can Help Beat the Spring Market Malaise
08:05am, Saturday, 25'th Mar 2023
Realty Income has already increased its dividend twice this year. As long as the labor market remains strong, Tanger's numbers should be strong.
Why Gap Stock Was Down This Week
09:21am, Friday, 17'th Mar 2023
Sales are falling, and a management shake-up has investors feeling nervous. Shareholders will be watching for signs of a strategic shift ahead.
