Adidas CEO Bjoern Gulden has announced plans to cut up to 500 jobs at the company’s headquarters in Herzogenaurach, Germany, as part of a strategic restructuring effort. The decision was disclosed during a recent internal meeting and is aimed at streamlining operations to enhance efficiency and competitiveness.
Vero’s thoughts on the news:
The announcement of significant job cuts at Adidas’ headquarters signals a major move towards optimizing their internal processes. From a technological and innovation perspective, this restructuring could pave the way for increased investment in digital transformations and app developments within the company. By reallocating resources, Adidas may enhance their focus on tech-driven solutions, potentially leading to more streamlined operations and better user experiences for customers.
Source: Adidas to axe up to 500 jobs at headquarters, source says – Yahoo Finance
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