Particle.news

Download on the App Store

Canada Goose Cuts 17% of Corporate Workforce Amid Transformation Program

The luxury outerwear brand aims for efficiency and cost reduction in response to challenging market conditions.

  • Canada Goose announces a 17% reduction in its global corporate workforce, impacting approximately 915 employees.
  • The layoffs are part of the company's ongoing Transformation Program, aimed at improving efficiency and reducing costs.
  • Unseasonably warm weather and a challenging retail environment have contributed to the decision.
  • The company is realigning its teams to focus on key initiatives such as brand, design, and operations.
  • Canada Goose expects immediate cost savings and increased efficiencies from the layoffs.
Hero image