Adidas cuts nearly half its India Tech Hub workforce in Gurugram
- Adidas laid off nearly 50% of its 700-employee India Tech Hub workforce in Gurugram on 15 September.
- The cuts affect software engineers, data scientists and data engineers, impacting 300-350 employees.
- Adidas said the move aims to align its technology organisation with evolving business needs.
- One group received exit letters immediately, while others will stay until 15 December to transition responsibilities.
Source: moneycontrol.com
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