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You are at:Home » Adidas is to reduce personnel and Puma is cost reduction
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Adidas is to reduce personnel and Puma is cost reduction

Adnan MaharBy Adnan MaharJanuary 27, 2025No Comments2 Mins Read0 Views
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Adidas is reported in Germany that it is preparing to reduce employees by up to 500. On the other hand, competitors Puma is considering cost reduction.

The exact number of employees affected by this movement has not been officially clarified by Adidas.

Reuters has stated that Adidas’s CEO, CEO, intends to reduce some of the 5,800 teams at Helzogen Auraha, Germany. The sources reported. For a while, Gluden has been working on dispersion to strengthen its accountability in individual markets, not the headquarters for a while.

In January 2024, Luden recognizes the issues and recognizes the need for directions, after a year of turbulence over anti -Semitic remarks, decreased sales, and dissatisfaction in the company. I was.

What we mention here is that sportswear companies reported more than expected, and sales in 2024 increased 11%. The company has recorded operating income of about 1.34 billion euros.

Puma, on the other hand, did not achieve as much business as low as 2024 (282 million euros) was lower than 2023 (350 billion euros). Puma is trying to reduce costs and reduce spending. It is reported that the company is dissatisfied with profitability and is aiming for improvement in 2025. However, Puma says he wants to focus on the stability of employees, and claims that it may not decide to reduce global employees.



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Adnan Mahar
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Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.

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