Industry 2 sources · 13 days ago
Cannondale's owner Pon.Bike announced the brand's historic Connecticut office will close, with operations moving to its Dutch headquarters and US sales merged into Pon's California operations. Reports put job losses at more than 140. BikeRadar argues the brand's design has long been driven from Freiberg, Germany.
What's new
- Cannondale's USA office in Connecticut is set to close, with operations moving to Pon's European headquarters in the Netherlands.
- USA sales will be merged into Pon's California sales operations, where Cervélo and Santa Cruz are based.
- Job losses are reported to be more than 140.
- BikeRadar notes Cannondale's designs have come from a team in Freiberg, Germany, for around 25 years.
Summarised by AI from the articles below; details and opinions are in the articles.
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Sources
- Cannondale is set to leave its spiritual home, but what will really change?BikeRadar News13 days ago
- Cannondale Ditches The USA & Pogačar's New ENVEs Tested | BikeRadar PodcastBikeRadar Podcast14 days ago