Men’s Wearhouse parent co. Tailored Brands to lose CFO, cut corporate jobs, close up to 500 stores

Tailored Brands Inc. (NYSE: TLRD), the Houston-based parent company behind Men’s Wearhouse and Jos. A. Bank, will cut 20% of its corporate positions and close up to 500 stores, and a C-level executive is departing. 

Jack Calandra, CFO and executive vice president, will leave the company July 31. His responsibilities are being split between CEO Dinesh Lathi and Holly Etlin, a managing director at AlixPartners who has been appointed to the newly created role of chief restructuring officer. With…