Hanesbrands To Cut Management Positions, Close China Grove Plant

Winston-Salem, N.C.-based innerwear, outerwear and hosiery apparel manufacturer and marketer
Hanesbrands Inc. will reduce its management and corporate workforce by approximately  210
people in an effort to cut costs and cope with the current economic climate.

About half of the positions to be eliminated are involved with supply chain management,
while the other half are related to customer management, marketing, human resources, finance and
information technology. About 155 of the impacted positions are located in Winston-Salem, with the
others spread among other Hanesbrands sites in the United States and abroad.

Hanesbrands also will close its China Grove, N.C., yarn production facility by the end of
December, eliminating 185 jobs at that location. The company cited declining demand for ring-spun
yarn used in certain of its sock, T-shirt and underwear products.

November 25, 2008

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