The German sportswear brand expects growth this year to be in the low- to mid-single digits amid ongoing political and economic tensions.
Puma will cut 500 jobs worldwide as part of its cost-reduction programme, its CFO said after the German sportswear group late ...
The brand anticipates that ongoing geopolitical tensions and macroeconomic headwinds could dampen consumer confidence and suppress demand.
The German giant plans to cut five percent of its global workforce, as it warns "trade disputes" and "geopolitical tensions" ...
Around 150 jobs of the 500 will be cut at the Puma headquarters, CEO Arne Freundt said in a conference with journalists. The company, which employs around 21,000 people worldwide, will also close ...
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Job reductions will be implemented at the group’s headquarters in Germany and in regional offices. The company has a total workforce of 22,500.