It’s been a rocky time for Ashworth Inc. workers lately. According to the San Diego Business Journal they’ve fired President Gary Schneiderman, lost an EVP, and cut 16 other positions in last month.
Ashworth’s upheaval may be what the doctor ordered, or could further compound the company’s disappointing financial results. . . . For the first quarter, Ashworth lost $2.5 million on revenue of $38.3 million, compared with a net loss of $50,000 on revenue of $40.6 million for the first quarter of 2006.
[Link: San Diego Business Journal]
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