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Adidas to cut up to 500 jobs
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
The layoffs will affect employees at Adidas’ headquarters in Herzogenaurach, Germany, and represent nearly 9% of the 5,800 staffers it employs at the location.
Adidas To Cut 500 Corporate Jobs: Company Structure 'Too Complex'
The chief executive officer Bjoern Gulden of Adidas AG will cut 500 roles based at its headquarters in Herzogenaurach as the company outperformed projected sales for the retro sneakers.
Adidas plans to cut up to 500 jobs at German headquarters - report
Adidas (OTC:ADDYY), the world's second-largest sportswear maker, is planning to reduce its workforce at its headquarters in Herzogenaurach, Germany, by up to 500 positions, Reuters reported, citing a source familiar with the matter.
1h
Adidas and Puma to Lay Off Employees Amid Global Challenges and Profitability Concerns
Adidas and Puma, two of Germany’s leading sportswear companies, are reportedly planning significant layoffs as they navigate ...
1d
Adidas: Back On Track, Likely To Outperform
Adidas' sales and profitability are on the rise in FY24. Read why ADDYY stock is primed for continued growth, especially with ...
17h
on MSN
Anthony Edwards' Adidas Sneakers Honor Kansas Jayhawks
Anthony Edwards gifted a player-exclusive colorway of his first signature adidas sneaker to the Kansas Jayhawks men's and ...
14h
Adidas Is Selling a Bright $130 Running Jacket for Only $65
Adidas is selling its New York City Women's Running Jacket for only $65. The regular retail price is $130. One reviewer calls ...
The Source Magazine
3h
SOURCE SPORTS: adidas Basketball Signs WNBA Star Satou Sabally to Roster
Basketball has proudly announced the signing of Satou Sabally, a rising star in the WNBA and key player for the German ...
22h
on MSN
Leaked Images Of Liverpool's Kit For The 2025/26 Season By Adidas With Champions League Badges
Reported in April by FootyHeadlines, Liverpool are set to make the switch from Nike to Adidas from the start of the 2025/2026 ...
4d
Adidas Makes A Big Push Into The Pickleball Market With Staksrud Sponsorship
An in-depth discussion with All Racquet Sports, the manufacturer behind the adidas pickleball line, discussing their ...
3d
on MSN
Adidas seals turnaround year with strong quarterly sales — after Kanye disaster
The results mark a significant recovery for Adidas from an annual loss in 2023 for the first time in more than 30 years, ...
2d
Lionel Messi’s Wife Antonela Roccuzzo Puts Adidas’ Squat-proof Clothing Technology to the Test in Optime Collection Campaign
Antonela Roccuzzo is the new face of Adidas’ latest campaign. The philanthropist makes her debut with the sportswear company, ...
17h
Pharrell and adidas Introduce the Jellyfish
At the time of writing, neither Pharrell nor adidas have indicated when their new Jellyfish silhouette will be making its ...
3d
Adidas Reports Fourth-Quarter Sales and Profitability Gains
Adidas reported sales of 5.956 billion euros ($6.2 billion) for the quarter, up from 4.812 billion a year ago. For the full ...
Hosted on MSN
2h
adidas x Fear of God Athletics Trainer “Night Brown” colorway: First look, design speculations, and everything we know so far
The adidas x Fear of God Athletics Trainer “Night Brown” colorway will appear in stores in Summer 2025 with a price tag of ...
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