Canada Goose is shrinking its white collar headcount.
The high-end outerwear company on Tuesday revealed that about 17% of its corporate workers would lose their jobs in the cuts. It amounts to approximately 915 jobs.
The layoffs coincided with Canada Goose restructuring aspects of its management team. That included giving additional responsibilities to Chief Transformation Officer Daniel Binder, Brand & Commercial President Carrie Baker and Finance, Strategy and Administration President Beth Clymer, the company said.
Canada Goose said the moves will “yield immediate cost savings, simplify organizational structure, accelerate decision making and increase efficiencies across our operating platform.”
https://www.foxbusiness.com/markets/high-end-outerwear-company-slashing-nearly-1000-corporate-jobs