PVH plans to cut about 1,040 jobs globally, mainly office-based roles
Key points
- PVH plans to eliminate about 1,040 jobs, around 4% of its global workforce
- The cuts mainly affect non-customer-facing roles, about 12% of office-based staff
- Further organisational changes are expected in the first quarter of 2027
PVH Corp, parent of Calvin Klein and Tommy Hilfiger, plans to eliminate about 1,040 jobs, around 4% of its global workforce. According to a CEO letter to employees from Stefan Larsson reported by WWD, the cuts mainly affect non-customer-facing roles, equal to about 12% of office-based staff, based on a workforce of about 26,000. The company expects further organisational changes in the first quarter of 2027.
Original report: View source ↗AI-assisted brief; may contain inaccuracies. Rely on the original reports and official documents.