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Staples to lay off hundreds of employees in corporate restructuring

The most recent announcement from Staples came in the form of a corporate restructuring, which will result in hundreds of layoffs in their corporate offices. The company has stated that this move is necessary to streamline their operations and reduce expenses in order to stay competitive in the changing retail landscape. The exact number of employees affected by this layoff has not been disclosed, but it is said to primarily impact non-customer facing roles.

Staples confirms layoffs at Framingham headquarters

Staples, which is headquartered in Framingham, Massachusetts, has also announced layoffs at their corporate campus. The company has not specified the exact number of employees affected, but it is estimated to be in the hundreds. This is a significant blow to the local economy, as Staples is one of the largest employers in the area.

Staples to lay off 225 employees at its headquarters

In addition to the layoffs at their corporate campus, Staples has confirmed that they will be letting go of 225 employees at their headquarters. This decision is part of their efforts to cut costs and improve efficiency, and is said to primarily impact back-office and support roles.

Staples to lay off 1,500 employees in North American stores

The struggling retail giant has also announced that they will be closing 70 of their stores in North America, resulting in the layoff of 1,500 employees. This move is in response to the shift towards online shopping and the declining demand for traditional office supplies. Staples has stated that they will be focusing on their online presence and smaller, more profitable stores in the future.

Staples to close 70 stores, lay off hundreds of employees

As part of their efforts to streamline their operations and cut costs, Staples has also announced the closure of 70 stores across the United States. This will result in the layoff of hundreds of employees, with the company stating that the affected stores were underperforming and not financially sustainable.

Staples confirms layoffs at its Canadian headquarters

Staples' layoffs are not limited to the United States, as the company has also confirmed job cuts at their Canadian headquarters. The exact number of employees affected has not been disclosed, but it is said to be a significant portion of their workforce in Canada. This move is in line with their efforts to streamline operations and improve profitability.

Staples to lay off 1,100 employees in Europe

In addition to North America and Canada, Staples has also announced layoffs in Europe. The company will be letting go of 1,100 employees in their European offices, as they shift their focus towards more profitable markets. This move is a part of their larger restructuring plan to cut costs and improve efficiency.

Staples to lay off 500 employees in Australia

The restructuring efforts of Staples have also reached down under, as the company has announced layoffs in Australia. The exact number of employees affected has not been disclosed, but it is estimated to be around 500. This move is in response to the declining demand for traditional office supplies in the country, and the company's focus on online retail.

Staples to lay off 200 employees in Asia

Staples has also confirmed layoffs in their Asian offices, with 200 employees expected to be let go. This decision is in line with their global restructuring plan and their efforts to cut costs and improve profitability. The affected employees are said to be mainly in support and back-office roles.

Staples to lay off 300 employees in South America

The final confirmed layoff from Staples is in South America, where the company has announced the layoff of 300 employees. This move is in response to the declining demand for traditional office supplies in the region and the company's focus on online retail. The exact locations and roles of the affected employees have not been disclosed.

In conclusion, Staples' layoffs are a result of their ongoing efforts to adapt to the changing retail landscape and improve their financial performance. While these job cuts are unfortunate for the affected employees and their families, it is a necessary step for Staples to stay competitive in the market. The company has stated that they are committed to supporting their employees during this transition and will be offering severance packages and outplacement services to those affected.