Maurices lays off, furloughs staff due to COVID-19 impact
The retailer's CEO has also opted to stop receiving a salary.
Duluth-based Maurices laid off 39 employees in late April due to COVID-19 financial strains.
These employees were located in the Duluth headquarters and New York design center and were members of the field leadership team. They were offered severance packages that included salary and continued benefits, according to Sue Ross, chief human resources and communications officer.
Around 20% of home office associates were also furloughed from the women's apparel retailer, many of whom are expected to return to their roles by June 1, Ross wrote in an email.
Store associates were furloughed in mid-March when Maurices stores closed.
Some employees have opted to take a temporary pay reduction, while President and CEO George Goldfarb chose to stop receiving his salary during this time.
OpCapita, a private equity firm based in London, bought Maurices around one year ago for $300 million . In total, the company employs 8,200 associates.