Saks Global culls large chunk of its corporate workforce

NewsWorldAmericasSaks Global culls large chunk of its corporate workforceAbout 640 jobs will be cut. When Saks filed for bankruptcy in January, it employed about 17,000 people Isabel Keane in New York Monday 04 May 2026 21:52 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"b2970275","articleMeta":{"url":"https://www.independent.co.uk/news/world/americas/saks-global-layoffs-b2970275.html","title":"Saks Global culls large chunk of its corporate workforce"}}CloseSaks Fifth Avenue's Christmas lights unveiled for 2023 holidayThe latest headlines from our reporters across the US sent straight to your inbox each weekdayYour briefing on the latest headlines from across the USYour briefing on the latest headlines from across the USEmail*SIGN UPI would like to be emailed about offers, events and updates from The Independent. Read our Privacy notice{"className":"sc-1ge0fwe-0","newsletterData":{"regSourceNewsletter":"IND_Evening_Newsletter","regTitle":"Evening Headlines","subscriptionGroup":"us_evening_headlines","subscriptionGroupId":"4326e634-422a-4447-8e1e-604a937cd3b5","type":"daily_news","pathPrefix":["/us","/news/world/americas","/news/world/americas/crime"],"title":"The latest headlines from our reporters across the US sent straight to your inbox each weekday","mobileTitle":"Your briefing on the latest headlines from across the US","imageSrc":"https://static.independent.co.uk/static-assets/images/newsletters/usEveningHeadlines1_1.png","label":"I would like to receive morning headlines Monday - Friday plus breaking news alerts by email","newsletterKey":"receiveEveningHeadlinesUSNews","regSourceSection":"Americas","regSourceMethod":"NSCs"},"isClimate":false}Saks Global, the parent company of Saks Fifth Avenue and Neiman Marcus, is slashing 16 per...