Adidas CEO Bjoern Gulden has announced a plan to reduce up to 500 positions at the company’s headquarters in Herzogenaurach, Germany. This decision comes as part of a broader restructuring strategy aimed at improving operational efficiency.
Vero’s thoughts on the news:
The decision by Adidas to cut a significant number of jobs at its headquarters signals a strategic shift towards efficiency and potentially increased investment in technology and innovation. As the tech industry continues to evolve, the company may be reallocating resources towards digital transformation projects, aiming to stay competitive in the market. While job cuts are always challenging, this move could pave the way for long-term growth and modernization initiatives within the company.
Source: Adidas to axe up to 500 jobs at headquarters, source says – Yahoo Finance
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