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.

Puma, operating profit

Puma Plunges After Profit Warning Highlights Adidas’s Lead
Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability ...
Adidas 2024 Profits Jump, Recovering From Kanye Crisis
Adidas on Tuesday said that its operating profit jumped five-fold last year, as the German sportswear giant moves past a crisis triggered by its split from musician and entrepreneur Kanye West.
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Adidas Sees Strong Finish to 2024 With Revenue and Profit Surge
According to the German athletic company’s preliminary results for Q4 2024, Adidas saw revenues grow 24 percent in the period ...
Adidas has ‘brand heat,’ analysts say. It’s a hot stock, too.
Adidas stock rallied on Wednesday as the apparel maker said its fourth-quarter results would come in ahead of estimates.
Adidas Sees Solid Gains In Q4, Looks To Expand Market Share
German sportswear brand adidas AG posted strong growth in Q4, with revenue up 19% in currency-neutral terms and 24% in euros, ...
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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 ...
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Puma heightens focus on profitability growth after 2024 profit miss
German sporting-goods brand Puma has launched 'NextLevel' cost efficiency programme, after its 2024 net income fell short of the previous year's figure and expectations.