01:51 PM EDT, 06/18/2025 (MT Newswires) -- (Update with Lululemon's response to a request for comment.)

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.

"Following a recent review, we have decided to evolve some aspects of our organizational structure to operate with more agility and further invest in our growth," a company spokesperson said via email. "As a result, approximately 150 corporate employees in our Store Support Centres (SSCs) are leaving the company. This is not a decision we made lightly, and we are committed to supporting our employees through this transition."

(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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