ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

GPS Gap Inc

21.81
-0.13 (-0.59%)
After Hours
Last Updated: 22:37:34
Delayed by 15 minutes
Share Name Share Symbol Market Type
Gap Inc NYSE:GPS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.13 -0.59% 21.81 21.99 21.47 21.78 4,737,217 22:37:34

Gap Reduces Holiday Hiring; to Offer More Hours to Current Staff

26/09/2019 6:32pm

Dow Jones News


Gap (NYSE:GPS)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Gap Charts.

By Colin Kellaher

 

Gap Inc. (GPS) will hire less than half the number of seasonal employees this holiday season than it did last year, instead offering extra hours to its current staff.

The San Francisco parent of Old Navy, Gap and Banana Republic said it plans to hire more than 30,000 associates for its stores, customer contact centers and distribution centers this year, down from the 65,000 seasonal workers it hired last year.

A spokeswoman said Gap's hiring plan is in response to requests from many of its workers for the opportunity to pick up more hours during the holiday season, adding that the retailer has "focused on investing in our current core employee base since the last holiday season."

Outplacement firm Challenger Gray & Christmas last week said U.S. seasonal hiring is expected to stagnate or fall slightly this year after declining last year.

Gap, which is in the process of splitting off Old Navy into a separate company, said it plans to kick off its seasonal hiring by adding up to 5,000 associates during a one-day event on Oct. 5.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

September 26, 2019 13:17 ET (17:17 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

1 Year Gap Chart

1 Year Gap Chart

1 Month Gap Chart

1 Month Gap Chart