Callaway lays off 'about 100' employees
by John Strege
Callaway Golf has laid off "about 100" employees in an effort to reduce
costs in a sluggish economy, a company spokesman said today.
"When you combine the adverse economic conditions with the continuing
reduction in rounds played and a lessening demand for golf products, it
creates an environment where you're forced to control costs," said Larry
Dorman, Callaway senior vice president, global press and public relations.
"Unfortunately, in this environment, there's no way to control costs
without impacting the head count."
Most of the job cuts were concentrated in management and administrative
positions, Dorman said. Callaway Golf still has a workforce of about 2,300
employees, Dorman said, the number fluctuating based on seasonal demand.
He said no further cuts are anticipated, though that is subject to change
based on market conditions.
The company declined to release names of those who were laid off, but
it confirmed that two vice presidents and several regional sales managers
were involved. Manufacturing was not affected, according to Dorman.
Severance packages and outplacement counseling were offered to those laid
off, according to Dorman.