Department Stores

Employment trends and layoff analytics for the Department Stores industry.

8,347
Total Affected
Since Jan 2024
1
Layoff Events
Across all companies
1
Companies
With layoffs
8,347
Avg per Event
Employees affected
0
Confirmed
Company verified events
0
Multi-Source
Multiple source verification
0
Severance Data
With severance information

Layoffs Over Time

By Sector

Consumer Discretionary
8,347

Most Common Reasons

Hudson's Bay Company laid off 8,347 employees as it wound down operations and shut down all stores. This represents a complete liquidation of the Canadian retail business group, which had struggled with declining sales and increased competition from e-commerce.
1 event

Companies in Department Stores

Hudson's Bay Company
8,347 employees affected · 1 event · Consumer Discretionary

Recent Layoff Events

DateCompanyEmployeesReason
May 15, 2025
Hudson's Bay Company
8,347 (7073.7%*)
Hudson's Bay Company laid off 8,347 employees as it wound down operations and shut down all stores. This represents a complete liquidation of the Canadian retail business group, which had struggled with declining sales and increased competition from e-commerce.