Job cuts at Columbia Sportswear
05/11/2008
President and chief executive officer, Tim Boyle, said: "Our recently announced 11% decline in orders for spring 2009 and our expectation that US market conditions will remain challenging through 2009, make it necessary for us to better align our planned spending with those realities.
“We have approached this decision thoughtfully to ensure that we are able to continue investing in our expanding retail store platform and increased marketing. Although difficult, we believe these actions will ultimately strengthen the company and position us well for when the economy recovers."
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