US EditionSleep Number Cuts Corporate Management Roles by 21%
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Sleep Number Cuts Corporate Management Roles by 21%
Sleep Number Corp. last week announced that it has cut corporate management roles by 21% and aims to continue trimming expenses by about $80 million to $100 million. The news came as the Minneapolis-based mattress maker reported a loss on net sales of $393 million in the first quarter. That marked a 16% year-over-year decrease in sales, according to the company. This change comes from newly appointed CEO Linda Findley, a former Blue Apron execut…
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