Under Armour Releases Q2 Results, to Lay Off 2% of Workforce

Under Armour Releases Q2 Results, to Lay Off 2% of Workforce

Even though the latest results topped expectations, the company is planning to lay off about 2 percent of its global workforce as part of a restructuring …

Unfortunately, jobs will be lost as the company restructures. Under Armour plans to cut about 280 jobs, equivalent to about 2% of its workforce. About half of the cuts will take place at the company’s Baltimore headquarters.

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