Kohl's Cutting 250 From Workforce, 'Leadership Layer' At Stores

MENOMONEE FALLS, WI — Kohl's will be eliminating about 250 jobs across the company in a restructuring move.

According to a JSOnline report, the company notified their employees on Feb. 12, saying they were offered a "competitive severance package and outplacement services."

"The departures include removing a layer of regional store leadership roles and positions, restructuring teams in our merchant organization and changes to other positions in our corporate offices," Jen Johnson, Kohl's Senior Vice President of Communications, said in a statement.

Company officials said the company is still in a position of financial strength, and would not be closing stores or corporate offices.

"The company is also continuing to invest in many areas of the business including our stores, technology and strategic growth initiatives. The organizational changes we've made are driven by the evolution of our strategic business priorities to create a more agile and empowered organization to support our long-term sustainable growth," Johnson said.