Chico’s to make job cuts to corporate positions
FORT MYERS, Fla. – One of Lee County’s largest employers will go through another set of layoffs, though it is not immediately clear how many people in the company are facing job loss.
Chico’s, a women’s clothing retail founded in Sanibel, is in the process of closing 120 stores since cutting 240 positions back in February 2015. It was recently announced that the company was pulling its sponsorship from the Patty Berg Memorial Women’s Golf Tournament and on Thursday a company spokesperson said several corporate positions could be impacted in a new round of layoffs.
The company was looking to save $38 million annually, as reported in their first quarter report that was released after it became a publicly-traded company.
During the recession, Chico’s received more than $3 million in taxpayer money with the stipulation that the company must provide jobs. It is unknown whether Chico’s is meeting that requirement.