STRATHAM, N.H. (AP) — New Hampshire-based Timberland says it is laying off dozens of employees as a part of what it says is a reconstructive effort.
Timberland said Tuesday that it had laid off roughly 45 employees nationwide, including a number of employees at its headquarters in Stratham. The Portsmouth Herald reports the company says it is providing outplacement services to impacted employees in order to help them transition “into their next opportunity.”
Spokeswoman Leslie Grundy says the layoffs are a part of an effort to pursue goals outlined in the company’s growth strategy.
In 2011, Timberland was sold for $2.2 billion to its current parent company, VF Corp.