Some layoffs at MEC but more permanent staff to be hired, CEO says in restructuring plan

January 26, 2020

Mountain Equipment Co-op (MEC) is laying off some of its 2,400 employees — but offering permanent positions to many of its casual workers — as it restructures in a bid to restore its financial health.

The outdoor retailer, which lost more than $11 million in the past fiscal year, is aiming to cut costs, and change what it stocks and how it staffs, according to an online statement from CEO Phil Arrata.

 

Source: CBC News