BPY laying off 20% of workforce
KEY POINTS Brookfield Properties is going through a major round of job cuts, CNBC has learned. The mall owner is slashing jobs to align with the future scale of our portfolio, Jared Chupaila, the CEO of Brookfield Properties retail group, said this week in an email to employees. The cuts are going to affect roughly 20% of the companys workforce, across both its corporate headquarters and leasing agents on the field. Brookfield Properties retail division employees about 2,000 people