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Timberland lays-off employees at Stratham facility
24 May '12
1 min read
Timberland – the iconic US-based outdoor and action wear label has laid-off a number of employees at its Stratham facility, mainly due to organizational changes.
Timberland, which was taken over by another apparel retailer – VF Corporation just under a year back, has a workforce of around 5,600 and has stores across all the continents.
Without divulging the number of workforce laid-off, a spokesperson for Timberland told fibre2fashion, “We continue to evolve our structure so that it is better aligned with our long term growth and profit objectives.
“Wherever possible, a few people were moved to other positions and those impacted will receive support through severance and other transitional benefits, including outplacement assistance”, he informed.
As an afterthought, the spokesperson added, “However, over time, growing the business and adding new capabilities should actually result in more Timberland jobs being added in the coming years”.
Timberland, which was taken over by another apparel retailer – VF Corporation just under a year back, has a workforce of around 5,600 and has stores across all the continents.
Without divulging the number of workforce laid-off, a spokesperson for Timberland told fibre2fashion, “We continue to evolve our structure so that it is better aligned with our long term growth and profit objectives.
“Wherever possible, a few people were moved to other positions and those impacted will receive support through severance and other transitional benefits, including outplacement assistance”, he informed.
As an afterthought, the spokesperson added, “However, over time, growing the business and adding new capabilities should actually result in more Timberland jobs being added in the coming years”.
Fibre2fashion News Desk - India
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