Sign Up
Stories
Levi's Workforce Reduction and Stadium Deal
Share
Oversold Conditions for Starbucks
Starbucks Embraces AI for Customer Rewar...
Starbucks Faces Potential Strike by Thou...
Starbucks Boardroom Change Nears
Starbucks CEO Addresses Protests and Tra...
Starbucks CEO Urges End to Protests and ...
Overview
API
Levi's announces a 2-year restructuring plan to reduce its global workforce by 10% to 15%, aiming to save $100 million. CEO Chip Bergh is stepping down, with Michelle Gass set to take over. Additionally, Levi's has extended the naming rights for Levi's Stadium for 10 years, worth $170 million.
Ask a question
How might the restructuring plan impact Levi's overall business operations and financial performance?
What factors led to the decision for CEO Chip Bergh to step down, and how will Michelle Gass's leadership influence the company's future?
What implications does the stadium deal have for Levi's brand visibility and marketing opportunities?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Oct 2023
Nov 2023
Dec 2023
Coverage