Layoffs Reported At Burton
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Burton Snowboards reportedly let go of approximately 30 employees company wide on Wednesday, April 2.While there has been no official press release from Burton, sources say that the company has eliminated The Syndicate staff on the West Coast, as well as several marketing positions. According to Burton, the layoffs represent less than two-percent of the company’s overall staff.Stay tuned to Transworld Business for the latest news as it develops.
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Tags: burton layoffs
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Why do all the posts say ‘pending approval from administrator….it should say ‘we are afraid to post this because Burton might not like it…they could pull their advertising and Laurent might call us and complain…wow, power to the almighty Jake…hah!
because these posts are ads for some insurance, nobody is interested in!
So they used that money from the layoffs to build an indoor park in China? Thats cool
That indoor park in China is pretty gnarly. Build by the Mellow guys.
wonder if the layoffs coincide with Romain and Anne Florre not re-signing with them?
seriously?! Give me a break. Layoff’s are a result of the company having to deal with poor EBITAD (means earnings before interest, taxes, amortization and depreciation as reported in the Company’s Form 10-K for the fiscal year). Which in simple terms means - for all the money they spend developing, designing, and marketing a brand/product they need to make money on it! They have heavy investment/overhead in brands and categories that aren’t delivering the return. Plain and simple.