Lakeshirts began laying off employees on Thursday, March 19, as there was less work to be done at the business related to the coronavirus pandemic.
An email statement from Mark Fritz and Mike Hutchinson shared that they've eliminated about 5% of their positions. The cuts were based on business necessity and job category, they said.
"We remain optimistic on the future, and we are more committed than ever to ensure our focus is still on our fantastic customers," the statement said. "We continue to strive to exceed not only our customers’ expectations, but bring value to all our stakeholders – customers, employees, vendors, owners and the community we call home.”
The Detroit Lakes-based apparel company has several national licenses, including for recently canceled NCAA championship events.
Fritz and Hutchinson's statement also said that they included information and instructions on COBRA, unemployment benefits and the CareerForce in Detroit Lakes. Any accrued PTO was also paid to those laid off.
