Cannondale's Wilton Office To Close, 143 Positions Affected

WILTON, CT — Cannondale, the bicycle brand founded in Wilton more than five decades ago, plans to permanently close its local office, with 143 positions impacted as the company restructures its global operations.

The closure of the office at 1 Cannondale Way was announced in an Oct. 21 notice filed with the Connecticut Department of Labor. The letter was also sent to Wilton First Selectman Toni Boucher.

"The entire office will be closed and almost all employees there will be impacted," the company wrote.

Founded in Wilton in 1971, Cannondale took its name from the town's Cannondale train station. The planned closure marks a significant change for a bicycle brand with deep roots in the community.

The first employee separations are expected Dec. 21, 2026, with additional layoffs occurring in phases through Dec. 31, 2027. The company said the closure and separations will be permanent.

An accompanying list identifies 143 affected positions, including 104 based in Wilton and 39 designated as remote. The remote employees are mostly based in other states but report to the Wilton office. The list also includes affected employees of Pacific Cycle, Inc.

The affected positions span several departments, including engineering, product development, sales, marketing, finance, information technology and human resources.

The company said affected employees have been notified of their anticipated separation dates. None are represented by a union, and they do not have job-bumping rights, according to the notice.

Cannondale Restructuring Operations

The Wilton closure is part of a broader restructuring of Cannondale's international operations.

In a statement released Wednesday, Cannondale said it plans to establish a new North American business hub on the West Coast while moving its global headquarters to Woudenberg, Netherlands. Research, development and engineering operations will be consolidated in Freiburg, Germany, according to cycling publication Pinkbike.

The company also plans to adopt a new North American sales model allowing representatives to work across multiple brands owned by its parent company, Pon.Bike, including Santa Cruz and Cervélo.

The restructuring does not mean Cannondale is shutting down worldwide. The company said its bicycle brands will retain their identities and continue serving riders and retailers.

The announcement follows a separate plan disclosed in June to close Cannondale's assembly factory in Almelo, Netherlands, by the end of 2027, affecting approximately 120 jobs.

Patch contacted Maggie Lansdale, Cycling Sports Group's global vice president of people, for comment on the closure and its impact on employees, but had not received a response as of publication.