The Container Store lays off 2% of workforce, pauses capital projects

The Container Store lays off 2% of workforce, pauses capital projects

The retailer, which exited bankruptcy in the new year, is working on a turnaround with less debt and a more streamlined operation.

The Container Store Lays Off 2% of Workforce

The Container Store, which less than six months ago filed for bankruptcy, has announced it will lay off about 2 percent of its workforce, or around 70 people, mostly in corporate positions. Capital projects will be also be placed on hold. The Container Store’s former president and CEO, Satish Malhotra, resigned last month and was […]