The Globe and Mail reports in its Wednesday edition that Canada Goose Holdings is laying off 17 per cent of its global staff. A Canadian Press dispatch to The Globe reports that chief executive officer Dani Reiss said Tuesday that the job cuts are meant to put the company in a better position for scaling and will help the business focus on efficiency and key brand, design and operational initiatives. He said: "This is sad news for me to share because we have individuals leaving the organization today who were instrumental in making Canada Goose the business it is today, and I am personally grateful to each and every one of them. ... Decisions like this are heartbreaking, but at the same time I am confident this is necessary for the next phase of our business." The layoff comes after Canada Goose faced a particularly difficult winter. Unseasonably warm temperatures pushed back the start of the usual parka-buying season. Brand president Carrie Baker said Canada Goose was open to hiking prices as buyers rethink purchasing expensive apparel while interest rates and inflation remain high. Despite already selling some parkas for $2,000, a higher price point would increase the desirability of the luxury brand, she said.