Adidas to axe up to 500 jobs at headquarters, source says
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Adidas plans to cut up to 500 jobs at its headquarters in Herzogenaurach, Germany, as announced by CEO Bjoern Gulden. This move is part of a restructuring effort at the sports retailer.
January 23, 2025 | 2:30 pm
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Adidas is planning to cut up to 500 jobs at its headquarters, indicating a significant restructuring effort. This could lead to short-term cost savings but may also impact employee morale and productivity.
The job cuts at Adidas' headquarters suggest a focus on restructuring and cost management. While this could lead to short-term financial benefits, the impact on employee morale and potential operational disruptions could offset these gains. The market may react neutrally as investors weigh these factors.
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