Hallmark to cut 400 jobs as part of ‘transformation’

By

National News

January 10, 2020 - 10:27 AM

Hallmark will eliminate 325 positions in Kansas City, company officials said.

KANSAS CITY — Hallmark Cards Inc. will reduce its global workforce by some 400 people — most of them in Kansas City — as it undergoes a wider “transformation,” executives announced Monday.

The company will eliminate 325 positions in Kansas City, officials said. Hallmark will offer buyouts and lay off workers to reduce its workforce by a total of 400. Affected employees will receive severance pay and transition assistance.

In a prepared statement, Hallmark President and CEO Mike Perry said the company must continually evolve and transform to respond to rapidly changing retail dynamics and customer preferences.

Related
October 22, 2020
June 5, 2019
February 4, 2019
June 22, 2016