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Patagonia lays off staff and launches a 'business transformation' to set it up for the next 50 years

Summary by Business Insider
Patagonia has cut 41 staff as part of a transformation plan announced by CEO Ryan Gellert on Monday.Michael M. Santiago/Getty ImagesPatagonia laid off 41 members of staff on Monday as part of a major business transformation.It is the second round of job cuts this year for the sustainable outdoors brand.The changes announced on Monday were "only the first step," CEO Ryan Gellert wrote in an internal email.Patagonia laid off 41 members of staff on…

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Business Insider broke the news in United States on Tuesday, October 1, 2024.
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