TaylorMade-adidas Golf has announced it will cut 170 jobs as it integrates the Ashworth brand into business operations.


Scott Leightman, a spokesman for TMaG, told SportsOneSource that the positions would be eliminated through a combination of consolidation and attrition over a twelve month period.

 

“There are synergies that we can take advantage of and that's going to allow us to succeed with Ashworth,” Leightsman. “We look at this acquistion as a postive, and (TMaG is) going to return (Ashworth) to a level of prominance, and we feel we have the tools to do so.”

 

Leightman added that all of the eliminations would come from postitions within the Ashworth brand.

 

TMaG completed its Nov. 18 acquisition of Ashworth for $1.90 per share, or about $27 million.