My spouse works for Saks / HBC. They just gutted their health plan and did a sweep of layoffs in the NYC office. Seemed to be cutting their spending to bare bon

My spouse works for Saks / HBC. They just gutted their health plan and did a sweep of layoffs in the NYC office. Seemed to be cutting their spending to bare bones this fall. Curious if acquiring Gilt was the plan all along. HBC does not operate anything like what a Gilt employee is likely used to.. will be a tough pill to swallow