Plagued by office vacancies, shuttered storefronts, and a number of layoffs in the tech industry over the past year, employment in San Francisco continues to show signs of weakness, with clothing giant Levi’s recently announcing a reduction in staff is imminent.
The news comes amid a restructuring at the top of the company.
“I am proud of what we have accomplished over the past twelve years. By putting the Levi’s brand at the center of culture, we revitalized this iconic brand and transformed our financials putting us in a position where we are stronger today,” outgoing CEO Chip Bergh said in a Jan. 25 press release announcing fourth-quarter results and forecasts. “While 2023 was a challenging year, we ended on a strong note, and I am optimistic about the future.” Chip Bergh, President […]
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