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Adidas To Cut 500 Corporate Jobs

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.

Barron's · 11h

Sportswear Giants Adidas And Puma Weighing Job Cuts

German sportswear giants Adidas and Puma have both said they are seeking to reduce costs, including through possible job cuts, as they aim to bolster profits.

International Business Times · 9h

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.

Footwear News on MSN · 10h

Adidas Set to Cut Jobs at German HQ in Aim to ‘Simplify Operations'

In a statement sent to FN on Thursday, an Adidas representative noted that these job cuts are not part of a cost savings program but instead are aimed at "reducing complexity and

NBC New York · 11h

Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.

18hon MSN

Puma stock slumps, a day after Adidas rally. New Speedcat range may be to blame.

Puma shares slumped on Thursday as the German apparel maker’s preliminary fourth-quarter numbers disappointed analysts. Puma ...

The Manual on MSN22h

Say hello to adidas’ newest hit Samba for 2025

Samba design ready to takeover 2025 The post Say hello to adidas’ newest hit Samba for 2025 appeared first on The Manual.

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 ...

2don 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, ...

12h

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 Nike’s current struggles.

13h

Adidas to Axe up to 500 Jobs at Headquarters, Source Says

MUNICH (Reuters) - Adidas CEO Bjoern Gulden plans to cut up to 500 jobs at the German sport retailer's headquarters in Herzogenaurach, a source who took part in a meeting where the figure was ...

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 ...

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, ...

9hon MSN

Lionel Messi brings Union teen phenom Cavan Sullivan into his orbit, or at least Adidas does

You might think it’s a bit far-fetched that a 15-year-old from Philadelphia could land in the personal orbit of Lionel Messi, ...

Adidas Signed WNBA Star Satou Sabally To Add To Their Women’s Basketball Division

Ahead of an expected move in free agency, Satou Sabally signed a new deal with adidas to join the brand’s WNBA roster of stars.

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Adidas To Cut 500 Corporate Jobs

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