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]