Location: Milan, Italy.
Based on news reporting.
YNAP Corporation has announced layoffs affecting approximately 300 employees as part of its ongoing transformation efforts. The layoffs are part of a strategic restructuring aimed at improving operational efficiency and adapting to changing market conditions. The affected employees are primarily based in Milan, Italy. This decision reflects the company's response to the evolving retail landscape and aims to position YNAP for future growth. The layoffs are expected to take effect immediately, impacting various roles within the organization.
YNAP Corporation cut 300 jobs as of October 1, 2023.
That is roughly 20% of the 1,500 people YNAP Corporation employs.
LayoffTalk has tracked 5 layoff events at YNAP Corporation since October 2023, affecting a combined 1,204 employees.
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