L.L.Bean to cut 75 jobs at Maine headquarters in second round of layoffs this year

L.L.Bean will lay off 50 to 75 employees at its Maine headquarters, representing about 2% to 3% of its workforce. This is the second round of layoffs this year, following cuts to customer service staff in April. The layoffs are part of L.L.Bean's efforts to adapt to changes in the retail market. Affected employees will receive severance packages and outplacement services. The company plans to hire nearly 3,500 seasonal workers for the holidays. Retail employment in Maine saw a decline of 2.7% in late 2023 but rebounded in spring 2024. Nationally, the retail sector lost 28,000 jobs in November, with mixed results across different retail categories.