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Retail Giants Facing Major Job Losses Amid Restructuring

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  • Retail industry facing massive job losses due to store closures and bankruptcies
  • Major companies like Party City, Joann, Estée Lauder, Starbucks, Walmart, and Kohl’s announcing layoffs
  • Retailers restructuring to improve efficiency and reduce costs
  • Technology advancements threatening future employment in the retail sector
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