The new remote working policy was a miss, at its best a pre-covid idea, massive disappointment and dissatisfaction. It perpetuates the boys club culture in campus and only benefits those who have a 5min commute aka senior leaders. The great... — read more
I work at the Portland office and in the past month alone 10-15 people I worked with have left. Some have left without having other employment lined up just to get a break. What the he-l is going on?
Adidas AG agreed to sell its underperforming Reebok business to Authentic Brands Group Inc. for up to 2.1 billion euros ($2.5 billion), adding another well-known name to the buyer’s growing lineup of consumer companies. The majority of the price... — read more
They just told us we're expected to be in the office 4 days a week, yet keep calling it a hybrid model. Interesting
In addition to paying out fees to Adidas for at least several years through a transition services agreement, Adidas was asking ABG to avoid layoffs of Reebok employees, even as it continued to feed Adidas’ sneaker distribution networks, insiders... — read more
NA / USA Untergang. 7/21/21 😢
I joined the company over a year ago. I have the worst manager I’ve had in my 20-year-long career. He is incompetent, verbally abusive and downright vindictive if I happen to do something better than him. For some reason I am the only person he... — read more
It is a matter of time that the “Ball” drops on the /// as witnessed in recent days with the lack of Senior Leadership. It’s going to happen, jobs disappearing, head count will be reduced by April approximately 200 jobs will be eliminated in NAM... — read more
I’m sick of this! I tried really hard to have a better performance, I thought it meant something here, but no. At least not in my case. The only thing I got was a burnout. I would like to know that the effort paid off for someone in this company in... — read more
Adidas will invest more than 1 billion euros in its digital transformation by 2025, including making its supply chain more agile to better deliver online orders quickly. (...) While the sporting goods industry has suffered from store closures during... — read more
I understand that some people might be unhappy but Adidas is still one of the better places to work - and not just in our industry. When I hear from my friends what's been going on at their companies I'm grateful to be working here. Yes, there are... — read more
Have there been layoffs this week? Somebody mentioned in another thread that 50 folks were shown the door at corporate but that's the first I've heard of it. I'm not at corporate so I might have missed it, though. If it happened, any ideas if it's... — read more
Kasper’s solution for every problem is to cut! Did our CEO ever create anything new? All the successes the last few years were started by the previous CEO Hainer...
I mean as an employer, of course? I got a job offer and what I've seen so far is good, but I figured to check here as well (since I'm active on the Nike board and I know people here are honest.) Would I be making a mistake if I decided to accept the... — read more
D&I targets surpassed MAW continue to get the axe You are safe at adidas if you are recognized as part of the D&I community Middle Aged White Employees regardless of skill and experience are being let go faster than UB's going to clearance ... — read more
https://www.bloomberg.com/news/articles/2020-10-22/adidas-is-preparing-sale-of-reebok-brand-manager-magazin-says Adidas AG, the German sportswear giant, is exploring a sale of its Reebok brand, according to a person familiar with the... — read more
What happened with Fumbi.....why did she leave?
https://footwearnews.com/2020/business/executive-moves/jon-wexler-exits-adidas-yeezy-1203048501/ Longtime Adidas executive Jon Wexler is leaving the company. The athletic brand informed its employees of Wexler’s departure in an email today... — read more
Will Adidas fire her as they do with union organisers? Mr Rotstift is tone deaf and only interested in numbers. Any thing in the way will be swept aside... — read more
https://www.adidas-group.com/en/media/news-archive/press-releases/2020/ad-hoc-adidas-stops-share-buyback-program/ Considering the high level of economic uncertainty caused by the dynamic developments related to the coronavirus outbreak, the... — read more
The layoffs did not stop. It is just that they are carried discreetly. This week, the HR boss was boasting on the internal social media, that some departments were reorganized, which meant that 50 people were more or less made redundant. He missed... — read more
People are being asked by the local directors in different markets, regions and hubs to participate in the pulse survey and rate the company very positively so that they are not marked as detractors and next on the gallows. The same happened here in... — read more
Heard the Works Council is slowing this process down from someone in the know. Curious if anyone has heard anything about what might happen in Portland... Gotta assume the company wants layoffs to happen before the end of the year so people... — read more
The layoffs have not stopped in the HQ and are done silently, sometimes without the knowledge of the WoCo or with their silent approval. The CFO wakes up in the morning, arrives at work, fires or decides to fire a few people, has lunch, a couple of... — read more
Today in the internal All Hands with the CEO - the CEO did not deny any massive layoff claims, in fact suggesting at one point "that times ahead will be dificult" - in the sense of reducing number of "human" resources; There are rumours... — read more
The numbers that are mentioned in these posts and were mentioned in the local newspapers were not accurate. The plan is to layoff around 1500 people by the end of 2020. This is global and not only HQ and will not only impact IT.
I was with Nike when they went through turmoil last year, there were daily posts. Why is this board so quiet... Is it a cultural thing? Anyhow, let's share info
adidas has announced that Executive Board Member Eric Liedtke will depart the company later this year. Liedtke has been with the brand for over two decades, working his way up from Global Line Manager for Cross Training to a lynchpin for securing... — read more
There is an extensive plan to lay off approximately 35% from the IT employees, globally. This will start November-December 2019.
First, don't panic, this following is just a recommendation: Backup your own personal data (pictures, documents, pay slips, etc.) that you might have laying on the company computer and the company phone, in the eventual case both the computer and... — read more
10% of 5600 employees at Adidas HQ in Herzogenaurach might lose their jobs: https://www.sueddeutsche.de/wirtschaft/adidas-stress-in-herzogenaurach-1.4636669
The layoff planning already started begining of 2019. The final plan with the people to be laid off will come out before Christmas 2019. Around that time people will be announced that they will be laid off. This is not the end. The layoffs will... — read more
Any more layoffs this week expected anywhere at Adidas? I hate that we know more is coming but don't know when.