Hudson’s Bay Company, the owner of Saks Fifth Avenue, will lay off 507 New York-based employees due to the coronavirus. The layoffs are temporary, and most employees will be laid off between April 21 and May 4, according to a notice filed with the New York State Department of Labor. Hudson’s Bay, a Canadian-based firm that was founded in 1670 and bills itself as the oldest company in North America, is the parent company for
source https://therealdeal.com/2020/04/30/retailer-hudsons-bay-pink-slips-500-nyc-employees/
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