💨 Abstract

Adidas plans to cut up to 500 jobs due to the termination of its partnership with rapper Kanye West. The company, which has since sold off its last remaining Yeezy brand trainers, aims to drive efficiency and continue its revenue growth. The job cuts will affect staff at Adidas's headquarters in Germany.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖