Canada Goose to reduce corporate workforce by 17%

Canada Goose announced a redesign of its global corporate workforce, as part of its ongoing transformation program, representing a reduction of approximately 17% of corporate roles. The changes followed a comprehensive review of the organizational structure and roles needed to achieve our strategic objectives, which we anticipate will yield immediate cost savings, simplify organizational structure, accelerate decision making and increase efficiencies across our operating platform. Moving forward, cross-functional teams will be integrated, and business activities will be aligned to our go-forward strategy. Canada Goose will provide full results for the quarter and year ended March 31 on its May 2024 earnings call, including further information on the Transformation Program and its impacts, and our outlook for fiscal 2025.