Footwear News on MSN10d
Adidas CEO Confirms Company Will Cut 500 ‘Obsolete' Jobs in Effort to Reduce Operational ‘Complexity'
The news comes the same day the German sportswear giant Adidas did much better than it had expected to in 2024.
Adidas profits up after 'Yeezy' scandal, but job cuts to come
Despite returning to profitability as it moves on from its collaboration with the rapper Ye, the German sportswear ...
Adidas confirms 500 job cuts as it lowers profit forecast
Adidas will axe up to 500 jobs at its Herzogenaurach headquarters as part of a broader strategy to reduce operational complexity and lower costs.
The Punch Newspapers10d
Adidas to cut 500 jobs
German sportswear giant Adidas announced on Wednesday that it will cut up to 500 jobs as part of its ongoing revival efforts, following a turbulent split with US rapper Kanye West. The job ...
Business Times9d
Adidas to cut 500 jobs, says Yeezy trainers are history
GERMAN sportswear giant Adidas said on Wednesday (Mar 5) it will cut up to 500 jobs as it looks to continue its revival and turn the page on a messy split with US rapper Kanye West. The reduction in ...
Retail Sector9d
Adidas confirms 500 HQ roles to be cut as it lowers profit guidance
Amid the restructuring, Adidas also lowered its 2025 profit guidance. Gulden stated that the group’s operating profit is ...
The Straits Times9d
Adidas to cut 500 jobs, says Yeezy trainers are history
FRANKFURT – German sportswear giant Adidas said on March 5 it will cut up to 500 jobs as it looks to continue its revival and turn the page on a messy split with US rapper Kanye West.
manilatimes8d
Adidas to cut 500 jobs, Yeezy sneakers history
FRANKFURT, Germany — German sportswear giant Adidas said on Wednesday it will cut up to 500 jobs as it looks to continue its revival and turn the page on a messy split with US rapper Kanye West. The ...