J.Crew Group, the parent company of the J.Crew and Madewell brands, has confirmed layoffs.
While the apparel retailer did not disclose the number of employees or positions affected by the layoffs, it said only a few roles were impacted, according to Retail Dive.
“We have conducted a comprehensive review of our organization and made decisions to support efficiency and long-term growth,” said a J. Crew Group spokesperson in a statement.
“Part of this initiative has been making organizational changes and streamlining functions which has impacted a limited number of roles. We are confident these changes will enable us to further invest in our brands and our people with increased focus on performance, collaboration, and productivity.”
According to Women’s Wear Daily, the job cuts at J. Crew’s headquarters affected slightly under 3% of the corporate workforce.
The news follows the retailer’s recent launch of its spring campaign, which celebrated its 40th anniversary. The release of the first J. Crew catalog in the spring of 1983 signaled the start of a new era in American fashion. The latest campaign aims to honor the milestone.
Photo credit: J. Crew