Patagonia lays off staff and launches a 'business transformation' to set it up for the next 50 years

Patagonia lays off staff and launches a 'business transformation' to set it up for the next 50 years

Michael M. Santiago/Getty Images

Patagonia laid off 41 members of staff on Monday and announced a major business transformation aimed at preparing the company for the next 50 years.

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