Levi’s is reportedly cutting 42 jobs at its European headquarters

According to reports, European management of Levi Strauss has announced employment cuts at its European headquarters located in Machelen, Belgium.The announcement follows the US fashion brand’s earlier January announcement that it was laying off 10 to 15 percent of its workforce globally.

Thus, 42 workers at the roughly 250-person European headquarters will be leaving. The cuts don’t effect retail employees.

A staff member informed the media outlet that last week marked the completion of the first step of the Renault Act procedure, which is based on a labour regulation linked to mass layoffs in Belgium.

The announcement follows the release of Levi’s first quarter financial figures for this year, which showed a drop in sales and a net loss for the clothing brand. The drop is allegedly the result of changes made to the company’s operations. There was a US $ 11 million net loss.