Story perspectives
Adidas Cuts 500 Jobs Despite Strong Q4 Profits
6/26/2025
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Story summary
- Adidas intends to reduce its workforce by up to 500 positions at its Herzogenaurach headquarters, representing nearly 9%.
- Approximately 5,800 employees currently work at this site.
- This decision comes after the company reported stronger-than-anticipated profits for Q4 2024.
- CEO Bjrn Gulden acknowledged recent growth amid persistent challenges.
