Oakley, the company that basically created action eyewear, continues to see its staff size shrink as parent company Luxottica marches on wto maximize efficiencies at Oakley’s Orange County, California headquarters. According to a story in the Orange County Regitster about 20 percent of their workers will be cut leaving the company with around 2,000 employees.
“Last year, we announced the further integration of Oakley into Luxottica, allowing the brand to better leverage Luxottica’s resources, distribution channels, and manufacturing and market power,” a Luxottica spokesperson said in a statement. “This final stage of the integration will line Oakley up with the rest of Luxottica in terms of channels, functions and geographies, simplifying everything from decision-making to execution.”
Downsizing always seems so logical and wise, doesn’t it? Especially after one company is consumed by another.
[Link: OC Register]
