CORAOPOLIS, Pa. — Dick's Sporting Goods announced Tuesday that the company is cutting more than 100 jobs.
The majority of the approximately 160 positions being eliminated will come out of the store support center at the company’s corporate headquarters in Coraopolis.
“These actions were incredibly difficult but necessary to fund and develop our longer-term strategic initiatives,” CEO Edward Stack said.
Dick's said it is doing some reorganizing within the company to reduce expenses.
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"They're opening a significant number of new stores throughout this entire year, and so their sales are increasing and stores are increasing, but they need to find some money for expansion," said Dr. Audrey Guskey, marketing professor at Duquesne University. "As a result, they're cutting back on a lot of their employees."
Dick's is the third locally headquartered business to be faced with tough choices in recent months. Westinghouse and Rue 21 made cuts earlier this year.
"Now keep in mind, retailers are struggling because a lot of people are shopping online, and Amazon has taken a huge chunk out of the brick-and-mortar stores," Guskey said.
Channel 11's Marlisa Goldsmith asked Guskey what this means for the overall Pittsburgh economy. "I think we'll be OK. It's tough when you see a local business like Dick's, or Rue 21 or Westinghouse, laying off a significant number of people. But yet, we still have a lot of other jobs out there for people."
The majority of the cuts were made at Dick's headquarters. But the company would not confirm how many of those cuts were made at local stores.
Cox Media Group