Last week, CNBC and others reported the Germany-based company will eliminate as many as 500 jobs at its Herzogenaurach ...

However, a spokesman for the company refused to confirm the job cut number but said that the company structure was ‘too ...

Adidas and Puma, two of Germany’s leading sportswear companies, are reportedly planning significant layoffs as they navigate ...

The layoffs will affect employees at Adidas’ headquarters in Herzogenaurach, Germany, and represent nearly 9% of the 5,800 ...

Adidas shares were in the spotlight on Thursday on possible layoffs in Germany as the company focuses on its long-term plans ...

Puma wants to improve operations and cut costs in the name of profitability, while Adidas said its operating model is too ...

The manufacturer of sportswear "Adidas" may reduce up to 10% of the employees of the company's head office in the city of ...

Schuh is the latest footwear company to initiate job cuts this month in what seems to be a steady stream of companies ...

Layoffs and other workforce reductions are continuing ... Ally made a similar level of cuts in October 2023, the Charlotte Observer reported. Adidas intends to reduce the size of its workforce ...

Adidas (ADDY) faces scrutiny over potential layoffs as it aligns its operations for long-term success, even as its Q4 ...