VF Corp. Lays Off About 500 Under Reinvent Turnaround Plan

November 29, 2023

VF Corp., parent of brands such as Vans and The North Face, confirmed today that it has laid off roughly 500 positions across the organization.

A spokesperson confirmed the reductions are global and impact all brands, corporate functions, and geographies.

The layoffs come as new VF President and CEO Bracken Darrell looks to speed up the turnaround of the company’s Vans division and overall North America business, while cutting costs. Shop Eat Surf