The Wrap: American Apparel Confirms 3,500 Potential Layoffs

Here’s what’s happening this week in the apparel world …

We've heard rumors that American Apparel employees could expect layoffs, but Consumerist reported that American Apparel confirmed the news. The apparel company verified that it sent notices to almost 3,500 employees about the potential layoffs. However, for now, American Apparel is saying the warnings are "purely a legal precaution."

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