Dick’s Sporting Goods cuts hundreds of corporate jobs, reports say

Pittsburgh-based Dick’s Sporting Goods has cut hundreds of corporate jobs, according to a report.

The cut was announced ahead of its quarterly earnings release Tuesday morning on Wall Street.

The layoffs make up less than 1% of the overall workforce, a person close to the company said Monday.

The sporting gear retailer employed around 18,800 full-time workers and 34,000 part-time workers as of January, according to financial filings.

The retailer’s profit slipped in its second quarter and missed Wall Street’s expectations.

Neil Saunders, managing director of GlobalData, said in a statement that a large portion of Dick’s quarterly profit drop appeared to be from theft.

Dick’s corporate office is located in Moon Township.

The Associated Press contributed to this story.

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