Under Armour discloses 600 layoffs as it announces $75 million increase in restructuring costs

Under Armour expects to lay off about 600 global employees this year as part of its ongoing restructuring plan. The layoffs were disclosed in a federal securities filing Tuesday in which the Baltimore-based company said it is increasing the cost of that plan by $75 million.

from Baltimore Sun
via https://baltimorecheckbook.tumblr.com/post/628739727172976641