Almost there: Adidas slashes two-thirds of positions at Herzogenaurach HQ
Adidas is implementing massive job cuts, affecting approximately two-thirds of its staff at the headquarters located in Herzogenaurach.
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Adidas is nearing the end of its planned job cuts at their Herzogenaurach headquarters,confirmed CEO Bjørn Gulden during last Thursday's annual general meeting in Fürth. "We've made it two-thirds of the way," he revealed.
Adidas initially announced potential job cuts totalling up to 500 positions at their German headquarters. Affected employees were offered severance packages as part of a plan to decrease complexity and boost efficiency. Gulden confirmed this intention, stating that before, there were business models with functions that were replicated or even multiplied.
[1] ntv.de
[4] rts
- The community may provide aid to those Adidas employees who have been affected by the restructuring, as they face uncertain times due to the job cuts in the manufacturing industry at Adidas's Herzogenaurach headquarters.
- In the finance and business sector, it's crucial for Adidas to secure aid for the restructuring of firms to ensure efficiency, avoiding replicated or inflated functions within the industry.
