Gap Inc. has jettisoned 1,500 workers

It happends on the ground of a three-year sales slump.

 The company with more than 154,000 workers,  handed out about 1,100 pink slips during its
fiscal second quarter, a 13-week period ending Aug. 4. Another 400 jobs were
cut earlier in the year, Gap said.As part of its turnaround efforts, Gap  recently hired a new chief executive – Glenn
Murphy, a fashion industry outsider.