Looks like a bad Monday (July 2, 2012) morning for the troops at Quiksilver Inc. as more than 40 employees are reportedly in the process of getting cut from the payroll.
In an email sent to employees this morning “on behalf of Rob Colby and Craig Stevenson” (Quiksilver Americas President and CEO respectively) the following was outlined:
We have identified a number of initiatives that will help us to achieve our goals, many of them associated with globalizing our business such as increasing the number of global products we sell, centralizing certain functions, and leveraging our marketing efforts across more of the globe. . . . As a result of our ongoing review, we are taking some actions today that result in the elimination of certain positions within the Americas region, specifically impacting 44 current employees. The employees whose jobs are being eliminated will be individually notified today and provided with a fair package of financial and transition support. Our Human Resources team along with department leaders will be personally involved in every notification conversation.
Some of the casualties are reportedly an SVP of Sales and a CFO. More info will be released to employees during a town meeting.
I’d never guess that Quik was still in trouble. Maybe that’s because I follow the McKnight family on instagram.
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