Specialized Lays Off 8% of Employees
![Specialized Lays Off 8% of Employees](/content/images/size/w1200/wordpress/2023/01/specialized-logo-2400x1600-1-jpeg-webp.webp)
Specialized, one of the biggest names in bicycles, announced major cuts to its workforce today. The company is releasing 8% of its workers worldwide. The announcement comes just a month after the brand terminated its entire ambassador program, a move that blindsided many athletes.
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