American Apparel CEO: Firings "Necessary To Protect The Financial Health" Of Company
Paula Schneider told staff today that almost 2% of the company's staff, about 180 people, will lose their jobs. Her memo noted the failings of "previous management," which oversaw more than $300 million in losses over five years.
Ex-American Apparel Chief Rallies Workers To Organize At Secret Meeting
Dov Charney appealed to more than 300 current and former textile workers this past Saturday in a backyard meeting in South Central Los Angeles. The American Apparel founder was officially fired in December but refuses to walk away from the company he created in the late '90s.