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In Furloughing 6,000, Under Armour Lays Out Restructuring Plan

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Under Armour Inc. is temporarily shrinking its workforce in reaction to pandemic-induced store closures and operational upheaval. On Friday, the Baltimore-based athletic powerhouse laid out its action plan to cope with the growing coronavirus outbreak in the U.S., which is battling more than 261,000 cases and rising. The company’s stores will remain temporarily closed until…

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