Callaway Golf laid off 154 employees on Oct. 18, company spokesman Michele Szynal told the San Diego Business Journal. The layoffs were announced to employees in August. The spokeswoman attributed the layoffs to Callaway consolidating its manufacturing and improving on processes.
Report: Callaway Golf Lays Off 154
Callaway Golf laid off 154 employees on Oct. 18, company spokesman Michele Szynal told the San Diego Business Journal. The layoffs were announced to employees in August. The spokeswoman attributed the layoffs to Callaway consolidating its manufacturing and improving on processes.
In a statement released Oct. 14, the Carlsbad-CA based company warned that it expects to report a loss of 12 cents to 14 cents per share in the third quarter on net sales of $213 million. In the year-ago quarter, net sales were $236 million.
