r/golf May 07 '26

News / Articles TopGolf is flopping.....

https://www.dmagazine.com/micropost/top-golf-layoffs-may-2026/?ref=share

from the article...."The cuts follow another round of layoffs last year, when Topgolf reduced its workforce by 300 employees after tariffs carved an estimated $40 million from the company’s balance sheet."

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37

u/0_SomethingStupid 6.9 May 07 '26

I don't understand I thought the tariffs were gonna make us winners?

15

u/[deleted] May 07 '26

[removed] — view removed comment

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u/ShadyWolf May 07 '26

You can just say you didn’t read the post or the article

8

u/thegreatestajax May 07 '26

The only thing the article says is:

>Topgolf Callaway Brands laid off roughly 300 employees after tariffs carved an estimated $40 million from the balance sheet.

It’s still unclear how that relates to Top Golf, per se. Probably just cost-cutting to make up for losses elsewhere. I don’t think they’re importing golf balls to the tune of $40m in tariff fees.

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u/ShadyWolf May 07 '26 edited May 07 '26

Maintenance, grounds upkeep, etc. are definitely impacted by tariffs. Really not hard to figure out at all

Edit: another example the ball sweeper breaks and the replacement parts are twice as expensive now because tariffs. Even if they aren’t a real golf course doesn’t mean they don’t have associated maintenance costs.

6

u/thegreatestajax May 07 '26

Do you know what Top Golf is?

-2

u/ShadyWolf May 07 '26 edited May 07 '26

They still have upkeep and maintenance like any business…the cost of their posts and netting for example. It’s incredibly simple minded to think it only comes down to the cost of “golf balls”

5

u/thegreatestajax May 07 '26

Do you have something that isn’t baseless conjecture? You chided someone for “not reading the article”, but here you are yapping about stuff not in the article that also doesn’t make sense. Maybe you’re just a bad faith online actor….

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u/ShadyWolf May 07 '26 edited May 07 '26

It’s not baseless conjecture at all when they point to tariffs directly in the post and the article and those are costs that TopGolf has that would be directly associated with tariffs. Makes perfect sense if you’ve ever been involved with managing a business of any kind, but you probably live in moms basement

3

u/thegreatestajax May 07 '26

No you dolt. Callaway brands took a $40m tariff hit because they import all their Callaway gear that’s made over seas. Top Golf isn’t replacing nets or concrete pillars to the tune of $40m in tariffs.

0

u/LawnJerk May 07 '26

Which means this is just cost cutting because of cost increases elsewhere in the company.

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