Lululemon Athletica (LULU) is reducing its corporate headcount by roughly 150 positions following changes in the company's organizational structure, Bloomberg reported Wednesday, citing a report from The Canadian Press.
Lululemon did not immediately reply to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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