Comment on Vera Bradley furloughs workers in response to coronavirus slowdown

Vera Bradley furloughs workers in response to coronavirus slowdown

Vera Bradley Inc. will furlough most store associates and some corporate employees, part of a plan the retailer says will protect its financial position, maximize liquidity and position the company for a strong reopening once the COVID-19 pandemic subsides. The furloughs are effective April 5 “until it is considered safe and advisable to reopen our stores,” the company said in a news release.

 

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