Company News, Financial News

Glossier Furloughs Retail Employees

Move begins June 1 in New York, Los Angeles and London.

Add Glossier to the list of companies issuing employee furloughs. The beauty retailer is furloughing employees in New York City, Los Angeles and London beginning June 1. The company closed stores on March 13 but at the time, CEO Emily Weiss said retail employees would be paid. But with lockdowns in key cities continuing, Glossier changed course.   The company said it will continue to cover employee benefits, including health care, through August 31....

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