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Ben Hogan Golf out of business? No, CEO says, citing restructuring – Golf News Net

Ben Hogan Golf sparked talk just days into 2017 that the company had gone out of business, with multiple reports of mass layoffs suggesting an imminent end to the brand’s revival.

However, Ben Hogan Golf isn’t out of business. Instead, in response to rapidly spreading reports of slashing most of its staff, the company’s CEO, Scott White, released a statement outlining these layoffs are part of a restructuring to keep the business going.

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“While our organization does not look the same today as it did in 2016, we are confident that the changes we are making will make us a stronger and better company in the future,” White said in a release pushed out in response to reports of the layoffs.

The company further said the changes …

Read the full article at: https://thegolfnewsnet.com/golfnewsnetteam/2017/01/03/ben-hogan-golf-out-of-business-restructuring-layoffs-bankrupt-101993/

Category: RestructuringBy Insolvency GuardianJanuary 4, 2017

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Ben Hogan Golf out of business? No, CEO says, citing restructuring – Golf News Net

Ben Hogan Golf sparked talk just days into 2017 that the company had gone out of business, with multiple reports of mass layoffs suggesting an imminent end to the brand’s revival.

However, Ben Hogan Golf isn’t out of business. Instead, in response to rapidly spreading reports of slashing most of its staff, the company’s CEO, Scott White, released a statement outlining these layoffs are part of a restructuring to keep the business going.

ADVERTISEMENT

“While our organization does not look the same today as it did in 2016, we are confident that the changes we are making will make us a stronger and better company in the future,” White said in a release pushed out in response to reports of the layoffs.

The company further said the changes …

Read the full article at: http://thegolfnewsnet.com/golfnewsnetteam/2017/01/03/ben-hogan-golf-out-of-business-restructuring-layoffs-bankrupt-101993/

Category: BankruptcyBy Insolvency GuardianJanuary 4, 2017

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