High-end outerwear company slashing nearly 1,000 corporate jobs

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Canada Goose on Tuesday revealed that about 17% of its corporate workers would lose their jobs to layoffs. The cuts coincided with the high-end outerwear company restructuring aspects of its management team.

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.

Canada Goose said more details regarding how its "Transformation Program" will affect the company will come out in May as it publishes its fiscal 2024 full-year financial performance. At the end of its 2023 fiscal year, it reported employing a total of 4,760 workers, nearly one-fifth of which were in "corporate head offices.

 

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