CEO Ryan Gellert emphasized that while Patagonia remains profitable, it faces economic challenges, necessitating fundamental changes and layoffs to prepare for the future.
In an internal email, Gellert described the layoffs as a "sad and difficult decision," positioning them as essential for the company’s transformation into its next chapter.
Gellert stated that meeting Patagonia's own sustainability standards requires embracing change, which involves critical internal changes for success in the near term.
Despite the layoff's impact on team morale, employees acknowledged the need for strategic changes within the company, particularly concerning environmental and marketing teams.
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