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Callaway lays off 'about 100' employees
by John Strege

Callaway Golf has laid off "about 100" employees in an effort to reduce costs in a sluggish economy, a company spokesman said today.

"When you combine the adverse economic conditions with the continuing reduction in rounds played and a lessening demand for golf products, it creates an environment where you're forced to control costs," said Larry Dorman, Callaway senior vice president, global press and public relations.

"Unfortunately, in this environment, there's no way to control costs without impacting the head count."

Most of the job cuts were concentrated in management and administrative positions, Dorman said. Callaway Golf still has a workforce of about 2,300 employees, Dorman said, the number fluctuating based on seasonal demand.

He said no further cuts are anticipated, though that is subject to change based on market conditions.

The company declined to release names of those who were laid off, but it confirmed that two vice presidents and several regional sales managers were involved. Manufacturing was not affected, according to Dorman. Severance packages and outplacement counseling were offered to those laid off, according to Dorman.


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