Home Videos Photos
PerezHilton CocoPerez Bruce Jenner 1D Justin Bieber PerezTV Contact Perez

Rocawear Having Financial Issues?

| Filed under: Fashion SmashionJay ZBusiness Blitz

jay-z-rocawear-lays-off-employees_opt.jpg

Bad news for Rocawear staff members.

Jay Z’s company has laid off half of their employees!

The rap mogul actually sold his company back in 2007 to Iconix Brand Group but he stayed on as a shareholder.

He’s also responsible for product development as well as marketing and licensing.

Unfortunately, the company blames the bad global economy for the loss of all those jobs.

They had to let go of 28 of their 56 employees.

Times are tough.

[Image via WENN.]

Tags: , , , ,

Email this  »
iHeartRadio Music Awards 2015: All The Sexy Skin You Need To See Again!
iHeartRadio Music Awards 2015: The Fiercest Performance Looks!
iHeartRadio Music Awards: All Of Last Year's Red Carpet Fashions!
Kids' Choice Awards: Last Year's Fashions!
Worst Dressed Celebs Of The Week!
Best Dressed Celebs Of The Week!

Comments are closed.