Gap slashes 500 corporate jobs in SF, NY as it looks to reduce expenses

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Gap slashes 500 corporate jobs in SF, NY as it looks to reduce expenses
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Gap is slashing 500 corporate jobs in San Francisco and New York as it looks to reduce expenses amid languishing sales.

Gap is slashing 500 corporate jobs in San Francisco and New York as it looks to reduce expenses amid languishing sales, a company spokesperson confirmed on Tuesday.

The news comes as a string of other retailers have trimmed their staffing including Walmart, Best Buy and Peloton. Home goods retailer Bed Bath

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