Under Armour plans to lay off 50 people at Locust Point HQ - Technical.ly Baltimore

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Mar. 1, 2019 11:09 am

Under Armour plans to lay off 50 people at Locust Point HQ

The move is part of a previously announced restructuring plan.
Under Armour’s Tide Point HQ.

Under Armour's Tide Point HQ.

(Photo by Algerina Perna/Baltimore Sun)

Layoffs announced by Under Armour last year will affect its Baltimore team this spring.

The Baltimore-based brand plans to lay off 50 people at its Locust Point headquarters, according to a filing with the Maryland Department of Labor, Licensing and Regulation.

Layoffs are expected between March 8 and June 30, according to a log posted publicly of Work Adjustment and Retraining Notifications (WARN).

The company declined to specify which departments would be affected.

The cuts are part of the previously announced restructuring plan that the company put in place in 2018, which totaled a 3 percent reduction of the company’s total workforce — or 400 jobs.

“Baltimore has been the bedrock of our winning brand and we are deeply committed to the city we call home,” a spokesperson said in a statement at the time. “This community is a key to the innovation that will allow us to reimagine the future. Through this transition, we will be approaching every teammate with the utmost care and respect, but these are necessary steps to become a more operationally excellent company.”

It was the second round of layoffs amid a series of quarters in which its regular earnings reports showed losses. In 2017, the company laid off 280 people, half of which were in Baltimore.

Companies: Under Armour
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