TaylorMade Cuts 24 Carlsbad Employees

by The Editors on June 15, 2007

TaylorMade-adidas recently cut 41 employees and more than half of those were from the Carlsbad office.

Scott Leightman, a company spokesman, said the layoffs were relatively minor for a company the size of TaylorMade-adidas, which has more than 1,400 employees worldwide.

According to golf industry watchers the industry is currently not growing. “TaylorMade-adidas appears to be properly cautious. The golf industry is not growing, said McAndrew, editor of Web Street Golf Report, and the company is being careful not to overextend itself.”

[Link: North County Times]

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