Retail
U.S. mall owner Brookfield Properties to cut 20 percent off its retail staff
One of the largest U.S. mall owners, Brookfield Property Partners LP, is expected to cut its workforce by 20 percent as shopping malls and retailers across America continue to be negatively impacted by Covid-19. The company sent a memo to its staff on Monday, confirming 20 percent of the company’s retail arm would be let go. According the...
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