Canadian Pantyhose Maker Furloughs 40% of Staff on Trade-War Woes
The threat of US tariffs has caused a Montreal-based women's clothing maker to place more than a third of its workers on leave.
SRTX is putting 40% of its 350 employees and contractors on temporary layoff, Chief Executive Officer Katherine Homuth said in a statement. The company has 85% of its sales in the US and has invested 'tens of millions' in Canadian factories, she said.
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Forget Dogecoin. If You Want a Low-Cost, High-Upside Cryptocurrency, Buy XRP Instead
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