Canada Goose Holdings Inc has laid off 125 workers, about 2.5 percent of its global workforce, as part of steps to cope with the impact of COVID-19 on its business.
The news was first reported by the Wall Street Journal.
Canada Goose said staff who are laid off will receive compensation packages and extended benefits. They can also keep their work computers and phones. In March, the company suspended the long-term outlook it had provided last year.
Photo courtesy Canada Goose