The reduction in workforce is a significant move aimed at reducing costs and improving operational efficiency. While such announcements can initially concern investors regarding the company's current state, they are often viewed positively in the long term as they indicate a company's commitment to improving profitability and efficiency. The immediate cost savings and anticipated improvements in decision-making and operational efficiencies could lead to a more favorable outlook for Canada Goose's financial performance, potentially positively impacting its stock price in the short term.