VF Corp. to Eliminate 13,000 Jobs

VF Corp. plans to eliminate 13,000 jobs worldwide, according to the Greensboro, N.C. apparel manufacturer. The company also announced plans to sell off its under-performing swimwear and private-label knit businesses. At the same time, VF Corp. is looking for new businesses to complement the company’s jeans, intimates and outdoor-apparel divisions.