"We all want Milwaukee and Wisconsin to thrive from an economic standpoint and have jobs available – it will be pinched."

Kohl’s said that it is cutting 10% of its corporate workforce as the struggling company works to improve profitability. It previously announced it would close 27 stores.

MENOMONEE FALLS, Wis. (WKBT) -- Kohl's is laying off about 10 percent of its corporate headquarters staff, according to multiple reports. The retailer is reportedly dropping 10 percent of staff at its corporate headquarters in Menomonee Falls.