Adidas to cut up to 500 jobs

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.
Adidas To Restructure Its HQ, Does Not Rule Out Job Cuts
NUREMBERG (Germany), Jan 24 (Bernama-dpa) -- German sportswear giant Adidas plans to adjust structures at its company headquarters in southern Germany and possibly also reduce the number of employees at the site by 5,800, German Press Agency (dpa) reported.
Adidas to axe up to 500 jobs at headquarters, source says
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 announced told Reuters on Thursday.
Adidas, Puma weigh job cuts as latter disappoints with profit fall
German sportswear giants Adidas and Puma have both announced they are seeking to reduce costs, including through possible job cuts, as they eye
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.
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.
Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter
The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.
Puma Plunges After Profit Warning Highlights Adidas’s Lead
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Adidas Sees Strong Finish to 2024 With Revenue and Profit Surge
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Adidas 2024 Profits Jump, Recovering From Kanye Crisis
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Adidas Sees Solid Gains In Q4, Looks To Expand Market Share
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Puma shares plunge 23% as weak profit shakes confidence
Shares in Puma dropped 15% as the market opened on Thursday after the German sportswear brand reported lower than expected ...
Adidas profit surges five-fold as it moves past Kanye West split
Adidas’ operating profit jumped five-fold last year as the German sportswear company continues to move past the turmoil from ...
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Adidas Reports Q4 Profit, Stock Soars 6% Amid Retro Sneaker Boom
Adidas AG reported an operating profit in the fourth quarter, rebounding from a loss the prior year, and exceeded its ...