: Vera Bradley to cut corporate jobs to ‘right size’ expenses, CFO to leave


Vera Bradley Inc. VRA said late Tuesday that is embarking on a reorganization, aiming to cut costs by an additional $12 million and replacing its chief financial officer. The company plans to cut about 25 corporate positions to “further right-size the expense structure of the enterprise.” Vera Bradley said that Michael Schwindle will join the company as chief financial officer on May 8. Schwindle is a retail industry veteran with more than 30 years of experience who has served as CFO for accessory and jewelry retailer Claire’s CLRS since early 2020, Vera Bradley said. CFO John Enwright will be stepping down as a result…

This article was originally published by Marketwatch.com. Read the original article here.

Previous article: Cruise robotaxis can now operate 24/7 in San Francisco
Next articleAlphabet stock is up 4% after hours as earnings show Google ad sales held steady


Please enter your comment!
Please enter your name here