Saks Inc.

Saks plans 191 layoffs in Aberdeen

Saks plans 191 layoffs in Aberdeen

Saks Inc. warned state regulators Wednesday that it plans to lay off 191 employees in Aberdeen starting Jan. 3, a move the company said comes as a result of its November acquisition by Hudson's Bay Co.

Some of the work at the Saks complex, which includes a distribution facility, will be moved to HBC's Wilkes-Barre, Pa., site. The Toronto-based HBC said in a statement that combining merchandise receiving and processing in one location would serve customers "by getting product to stores faster."

"The company is doing everything it can to assist impacted employees during this transition, which includes appropriate severance packages for eligible associates,"...