Adidas Set to Cut Jobs at German HQ in Aim to ‘Simplify Operations’

Despite finishing 2024 on a high note, Adidas is set to undergo layoffs at its Herzogenaurach, Germany headquarters. In a statement sent to FN on Thursday, an Adidas representative noted that these job cuts are not part of a cost savings program but instead are aimed at “reducing complexity and ensure sustainable success in the future.” “Over the past two years we have created strong momentum for the business, our brand and our products and have proven that our approach to serve our consumers works,” the rep said. “But we also found that, in an ever-changing world, we are too complex because of our current operating model. To set Adidas up for long-term success we are now starting to look at how we align our operating model with the reality of how we work. This may have an impact on the organizational structure and number of roles based at our HQ in Herzogenaurach.” Adidas declined to confirm any figures or further details at this time as the company is just starting to evaluate its organization and determine what structural changes are needed. But, according to a Reuters report, the publication is estimating cuts of up to 500 jobs at the German headquarters that

Follow Footwear News on Twitter or become a fan on Facebook.

from Footwear NewsRecent Stories https://ift.tt/pQxW65u