Report: Limited fires 370 employees
COLUMBUS, Ohio According to reports, Limited Brands has completed the 10% cut in its work force by laying off 370 employees, mainly at its headquarters in Columbus, Ohio and New York. The cuts did not affect employees who worked in stores, distribution or call centers.
The cuts are part of the company's plan to focus on beauty and intimates. According to reports, the company is currently testing a spinoff of its Victoria's Secret brand, Pink, and is expanding its Bath & Body Works stores.