Not really. It's a question of what's rational for Kering. As mentioned in the press release, there's the willingness to focus on brands that can have a critical size, a Kering level, being a multi-billion revenue company. We've mutualized some resources and in 2020, we had to lay off some employees. We really had to get the right size for the company, which is exactly the case now. As early as last year … we've been hiring again, including some people that we let go in the fall of 2020.
Leave a Comment
Reach us through Whatsapp Messaging only. No Call Please.
1 Comment(s)
Not really. It's a question of what's rational for Kering. As mentioned in the press release, there's the willingness to focus on brands that can have a critical size, a Kering level, being a multi-billion revenue company. We've mutualized some resources and in 2020, we had to lay off some employees. We really had to get the right size for the company, which is exactly the case now. As early as last year … we've been hiring again, including some people that we let go in the fall of 2020.
Leave a Comment