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Stock impact report

High-end outerwear company slashing nearly 1,000 corporate jobs [FOX Business Network]

Canada Goose Holdings Inc. Subordinate Voting Shares (GOOS) 
Last canada goose holdings inc. subordinate voting shares earnings: 2/7 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.canadagoose.com
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." It tied them to its "Transformation Program." Another measure the company said it was taking was integrating its "cross-functional" teams. The layoffs "followed a comprehensive review of the organization structure and roles needed to achieve our strategic objectives," per the outerwear company. Ticker Security Last Change C Show less Read more
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