Hanesbrands To Cut Management Positions, Close Distribution Centers

Winston-Salem, N.C.-based innerwear, outerwear and hosiery apparel manufacturer and marketer
Hanesbrands Inc. will reduce its corporate management and US distribution workforce by 500 people
in an effort to cut costs and weather the current global economic downturn.

The layoffs will impact approximately 200 management employees based in Winston-Salem, 30
located elsewhere in the United States and 20 outside of the United States. Citing decreased
product volume, Hanesbrands also will lay off 40 employees from its Annapolis Drive distribution
center in Winston-Salem and expects to shutter the center by the end of 2010, letting go the
remaining 200 workers. The company also will cancel its contract with a logistics firm that
operates a distribution center in Jacksonville, Fla., by the end of 2010, affecting 10 employees.
Products currently distributed through the centers will be moved to Hanesbrands’ distribution
centers in Martinsville, Va., and Perris, Calif.

Hanesbrands will provide affected employees with severance and outplacement benefits.

April 28, 2009

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