Monday, December 7, 2009

Adidas plans to cut 3.4 pct of Reebok workforce

Kuehnen, Eva. "Adidas plans to cut 3.4 pct of Reebok workforce." http://www.reuters.com/article/idUSLF36220820090115. Janurary 15, 

Adidas bought Reebok in 2006. the latest news is that they will be cutting 3.4% of their entire workforce. The Idea is to become a leaner, more flexible work force. Reebok had a 15 % drop in third-quarter sales. Adidas plans on cutting this work force down. 

This was a news report from the beginning of the recession. I don't know if this is happening because of the recession or because of the 'strike' on Reebok... I would hope strike but most likely not. I have not been please with Reebok. Any way This is the little bit I found on it.

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