Adidas to restructure German HQ with 500 jobs at risk

Adidas is planning a restructuring of its headquarters in Herzogenaurach, Germany, putting hundreds of jobs at risk.
While the sporting giant did not provide specific figures, sources told Reuters that up to 500 jobs could be affected by the changes, which come as part of efforts to simplify the company’s structure.
An Adidas spokesperson said the retailer had recognised its structure had become “too complex in a constantly changing world”. They added that details on the number