Thread regarding Under Armour Inc. layoffs

Are the days of the UA Panama Office counted?

Looking at the fact that the new GM is based in Baltimore, the vast majority of the business is distributor based (so no need to be phsiically anywhere) and continuously decreasing, the Mexico subsidiary is now hiring Director level positions for DTC and planning (in the past Panama based) makes you think about the use of the Panama Office (Which is quite expensive BTW) any thoughts on possible layoffs in the future?

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| 41 views | | 1 reply (May 30, 2025) | Reply
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And time finally arrived, the Panama office days are gone, at least for anything commercial........ interesting to see how many of the guys take the Mexico / Baltimore option..... dark days ahead for Latin America and the Mexico organization now having to receive unhappy Panama employees.

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