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Adidas Layoffs: 50% Staff At India Tech Hub Shown The Doors, Says Report

Adidas has reportedly begun large-scale layoffs at its Gurgaon technology hub, with over 350 employees said to be affected.

Adidas Layoffs: 50% Staff At India Tech Hub Shown The Doors, Says Report
Adidas reportedly said the move was part of efforts to align its operating model with changing business needs.
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  • Adidas has started large-scale layoffs at its India Technology Hub in Gurgaon affecting 350+ employees
  • The job cuts may impact 45% to 50% of the hub's 700-employee workforce including engineers and data scientists
  • Employees were informed about the layoffs during a town hall meeting on September 15

Adidas has begun large-scale layoffs at its India Technology Hub in Gurgaon, with an estimated 350 or more employees said to be affected, Wocult reported, citing sources.

The reported job cuts could impact around 45% to 50% of the hub's workforce, which has around 700 employees, according to the report. The affected roles reportedly include software engineers, data scientists and data engineers.

Employees were reportedly informed about the layoffs during a town hall held on Tuesday, September 15.

Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay

ALSO READ: Oracle Layoffs: Employee Loses Job After Working For 12 Years: ' He Worked On Festivals, Birthdays, Weekend'

While Adidas has reportedly confirmed that roles are being reduced, the exact number of employees affected has not been independently verified by Wocult.

The company reportedly said the move was part of efforts to align its operating model with changing business needs.

According to the statement, the changes are intended to simplify parts of the organisation, strengthen critical capabilities and position Adidas for long-term growth amid a rapidly evolving business and technology environment.

Employees Divided Into Two Groups

According to the report, employees affected by the layoffs have been divided into two groups. One group received exit letters on September 15, while the second group has been asked to continue with the company until December 15 to complete handovers to colleagues at other technology hubs.

Employees in the second group have also been given time to look for another role within Adidas.

ALSO READ: No Layoffs, Just Redeployment: Wipro's AI Initiatives Free Up Capacity Of 20,000 Workers

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