Layoffs for Oriental Trading

It’s truly a bad sign of the times when consumer merchants start cutting staff before the holiday season is even underway.

Last week, outdoor gear marketer Cabela’s announced plans to cut its corporate headquarters workforce by 10%. Now Oriental Trading Co. says it is slashing 10% of its corporate staff.

The Omaha, NE-based direct marketer sells novelties, toys, party supplies and home decor items to consumers as well as institutions. It employs about 3,000 workers in the Omaha area.

A spokesman says the company is cutting jobs to streamline operations and eliminate overlapping services in the “challenging economic environment.”

Founded in 1932, Oriental Trading was acquired by private equity firm The Carlyle Group in 2006. Former Hewlett-Packard Co. Sam Taylor took over as CEO of the company this past May.

Partner Content

The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.
Strategies for Maximizing Mobile Point-of-Sale Technology - NetSuite
Learn the top five innovative ways to utilize your mobile POS technology to drive customer engagement, increase sales and elevate your brand.