L Brands Slims Headquarters Staff in Victoria’s Secret Overhaul
Photographer: Christopher Dilts/Bloomberg
This article is for subscribers only.
The parent of struggling lingerie retailer Victoria’s Secret is cutting about 50 of the chain’s employees at its headquarters as its tries to right the ship.
L Brands Inc. is laying off about 14% of Victoria’s Secret’s corporate staff in New York and Columbus, Ohio, according to a person familiar with the move.