Foot Locker Furloughs Staff, Cuts Exec Pay
Big Foot has held off on making major cuts longer than most retailers, but today revealed in an SEC filing that it was furloughing most North American retail workers and some distribution center staff indefinitely, starting on Apr. 26. It will continue to provide health and benefits to those furloughed. In addition, senior managers will take pay reductions of 10-20% in the ... Log in to view full article.
