Kohl's announced it has cut 10% of the jobs at its Menomonee Falls corporate office. About half of the cuts will result from closing open positions. The cuts come less than two weeks after new CEO Ashley Buchanan took over the company's top position.

Kohl’s Corp. is eliminating about 10% of roles that report into its corporate offices as part of the retailer’s bid to improve results.

Kohl's Inc. (NYSE: KSS) is cutting around 10% of its corporate workforce, impacting fewer than 400 roles, after the appointment of new CEO Ashley Buchanan.

In an message to employees, CEO Ashley Buchanan said about 10% of roles reporting to the corporate headquarters have been cut, open positions closed