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What Fashion Gets Wrong About Layoffs

From knee-jerk, across-the-board cuts to sloppy communication and a lack of future direction, there are plenty of ways companies can make a tough moment even worse.
Through October, US retailers cut over 88,000 jobs, a 145 percent increase from the same period in 2024.
Through October, US retailers cut over 88,000 jobs, a 145 percent increase from the same period in 2024. (Getty Images)

Retail’s peak layoff season is in full swing — and it’s shaping up to be far worse than years past. Through October, US retailers cut over 88,000 jobs, a 145 percent increase from the same period in 2024, according to Challenger, Gray & Christmas, which helps companies navigate layoffs.

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About the author
Sheena Butler-Young
Sheena Butler-Young

Sheena Butler-Young is Senior Correspondent at The Business of Fashion. She is based in New York and covers workplace, talent and issues surrounding diversity and inclusion.

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