Callaway Golf announced significant global layoffs. Approximately 250 employees were affected, representing 12 percent of its workforce. These reductions are part of $52 million in cost-cutting initiatives. CEO Chip Brewer stated the changes were difficult but necessary. Layoffs impacted various divisions, with corporate support most affected and R&D least.
https://golfwrx.com/31834/golf-digest-exclusive-callaway-ceo-brewer-explains-cuts/