After losing nearly $77 million and being sold off last year by Quiksilver, Rossignol is doing some cost cutting of its own according to a story on France24.com.
The group. . . is to cut about 450 jobs in total. . . . Company chairman Bruno Cercley said in a statement that the layoffs were “unavoidable,” adding that the group was “determined to get back into balance in the next two years.”
That adds up to about 30 percent of their workforce.