Columbia Sportswear trims jobs in Ore.
By
Associated Press
May 20, 2008
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Columbia Sportswear Co. says it has cut an undisclosed number of jobs at its Beaverton headquarters.
Columbia spokesman John Fread says the reductions came through layoffs and voluntary buyouts. The company wouldn't say how many people were affected but classified the number of layoffs as "small".
The outdoor clothing company says it made the cuts because of increased investment in marketing to help the company grow globally and because of concerns about a continued weak domestic economy.
Columbia said last month that its sales and earnings for the rest of the year would be lower than expected.