• Under Armour just announced another round of layoffs

    2 monthes ago - By Business Insider

    Under Armour on Thursday announced an update to its massive, $200 million restructuring effort.
    Shares fell about 1% after the company said it will spend $10 million to cull its workforce by 3%.
    Follow Under Armour's stock price in real-time here.
    Under Armour said Thursday that it will spend $10 million on severance payments not previously reported as it works to reduce its global workforce by 3%
    It's the second round of layoffs in the past year for the struggling athletic brand, w hich cut about 140 jobs at its Baltimore headquarters last August , when it first announced the $200 million...
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  • Under Armour just announced another round of layoffs

    Under Armour just announced another round of layoffs

    2 monthes ago - By Business Insider

    Under Armour on Thursday announced an update to its massive, $200 million restructuring effort.
    Shares fell about 1% after the company said it will spend $10 million to cull its workforce by 3%.
    Follow Under Armour's stock price in real-time here.
    Under Armour said Thursday that it will spend $10 million on severance payments not previously reported as it works to reduce its global workforce by 3%
    It's the second round of layoffs in the past year for the struggling athletic brand, w hich cut about 140 jobs at its Baltimore headquarters last August , when it first announced the $200 million...
    Read more ...

     

  • Under Armour announces another round of layoffs - and says it will spend $10 million cutting 3% of its workers

    Under Armour announces another round of layoffs - and says it will spend $10 million cutting 3% of its workers

    2 monthes ago - By Business Insider

    Under Armour on Thursday announced an update to its massive, $200 million restructuring effort.
    Shares fell about 1% after the company said it will spend $10 million to cull its workforce by 3%.
    Follow Under Armour's stock price in real-time here.
    Under Armour said Thursday that it will spend $10 million on severance payments not previously reported as it works to reduce its global workforce by 3%
    It's the second round of layoffs in the past year for the struggling athletic brand, w hich cut about 140 jobs at its Baltimore headquarters last August , when it first announced the $200 million...
    Read more ...

     

  • Under Armour cuts global workforce by 3 percent

    Under Armour cuts global workforce by 3 percent

    2 monthes ago - By Chron

    BALTIMORE - Under Armour will cut its global workforce by 3 percent by the end of March.
    The Baltimore sports gear company said Thursday that it now anticipates restructuring-related charges this year of between about $200 million and $220 million. It previously projected restructuring charges between $190 million to $210 million.
    Excluding those costs, Under Armour Inc. expects full-year profits of between 16 and 19 cents per share. Its prior outlook was for 14 to 19 cents per share. Analysts polled by FactSet expect earnings of 16 cents per share.
    Shares rose 2.7 percent before the...
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  • Under Armour cuts 400 more jobs in turnaround push

    2 monthes ago - By Reuters

    Sportswear maker Under Armour Inc will cut about 400 jobs, or 3 percent of its global workforce, as part of efforts to cut costs in its struggle to compete with Nike and Germany's Adidas in North America.
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  • Under Armour to cut 3 percent of workforce

    2 monthes ago - By Reuters

    Sportswear maker Under Armour Inc said on Thursday it would cut about 3 percent of its global workforce as part of a restructuring plan.
    Read more ...