Cutbacks are being made in the company's supply chain management organization and elsewhere to reduce costs and navigate the challenging economic environment.
Hanesbrands Inc. will cut approximately 5,300 jobs and close nine sewing and assembly operations in five countries as part of an ongoing restructuring effort to make its business leaner and more profitable.
Earlier this week, consumer goods executives convened at The Coleman Center in New York City to discuss pain points and lessons learned at the second CGT Connects event, titled "Best Practices for Becoming Demand Driven".