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WISCONSIN — Kohl cut dozens of positions on Wednesday, the company confirmed in a statement to Spectrum News 1.
“Today, we have restructured some parts of Kohl’s organization to improve operational efficiency. has reorganized several leadership roles and positions,” said Jen Johnson, Kohl’s senior vice president of corporate communications.
These positions were primarily held at Cole’s headquarters in Menomonie Falls, Wisconsin.
“We have put a lot of planning into this decision and are providing competitive retirement packages and relocation services to everyone affected. Thank you for your dedication and service to Coles,” Johnson said.
The company’s CEO, Michelle Gass, left Kohl’s in December 2022. Tom Kingsbury is currently the interim CEO. Gass said she’ll be on top in 2023 when she becomes president of Levi Strauss & Co.
The company has yet to release figures for the fourth quarter of 2022. At the end of the third quarter, the company reported an “equivalent decline in sales.” [of] 6.9%” and “decrease in sales [of] 7.2%”
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