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Victoria’s Secret Went Woke. Now They’re Laying Off 160 Management Positions

Professional soccer player Megan Rapinoe stands at the podium of the Brady Press Briefing Room before meeting with President Joe Biden on March 24, 2021 in Washington, DC.

At a glance

  • The company’s replaced VS Angels with women like Megan Rapinoe
  • Also hired its first transgender model
  • But sales dropped by 4.5% to $1.5 billion in the most recent quarter

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