Filene Layoffs Job Cut: may fire 1664 employees

he news is not good for the employees of the Filene, which is a famous company. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest on to add to the list is the Filene Organization, which may be going for layoffs.
How many employees may be fired in the Filene layoffs?
As per the reports, there can be around 1664 layoffs by Filene as the company is planning to sell itself.

What is the total no. of employees of Filene?
The total no. of employees of Filene is not known as of now.

What will be the cost and savings by Filene layoffs?
No info about that.

When will the Filene layoffs happen?
It is learnt that the layoffs will happen on June 15

Which locations and department of employees will be affected by the Filene layoffs ?
These layoffs will happen at all locations of Filene, as the company is planned to be sold out.

What is the primary reasons for Filene layoffs?
The primary reasons for layoffs is the owners deciding to sell the company.

Any other news about Filene layoffs
As per Columbus Dispatch, Filene is expecting that some of the employee may be retained by the new buyer. Thouh it is now confirmed who the buyer would be and what percentage of employees will be retained, if any.Early this month, Filene's filed to reorganize under Chapter 11 bankruptcy protection.
Let's hope that alternative jobs are available to the affected employees of Filene Layoffs Job Cut