Topics regarding layoffs at Adidas

Topics regarding layoffs at Adidas

RUMOR: Alexander Taylor for SVP Innovation

If this rumour is true and it happens it is laughable. Clown Out, underqualified Clown In. Alisdhair McCartney's mate from London's creative scene. Job for the boys. The ship is sinking and they are hiring friends without the experience... — read more 

Cash is King Share Price Over Everything Else

Sell Yeezy inventory to close the financial gap of meritocracy has caused. BLM don’t matter, minority employees don’t matter. Money matters. Period. No longer does “sport have the power to change lives”. It’s profit over people. — read more 

It has become depressing to work here

I can hardly concentrate on work lately and I want to leave more than ever. Maybe it's just me, but I think that a lot of people feel that Adidas has become a very depressing workplace. Do you agree?

So doubling down on -20% = ???

"Sales in the Greater China region dropped by 9.4% on the quarter, and North America suffered nearly a 20% drop." "If the company decides to not sell the leftover... — read more 

Adidas sued by investors over Kanye West deal!

https://www.bbc.com/news/business-65441303 Adidas is being sued by investors who claim the firm knew about Kanye West's problematic behaviour years before it ended their partnership. Investors allege Adidas failed to limit financial losses and take... — read more 

Destroying the brand

I don't like the way this company is being run now. Does it seem to you that the leadership is unfortunately destroying the brand with its actions?

Soft firing in Germany

An employee is neither given an increment (inflation is 10%) nor a bonus (the top level gets 50% and low level get 25%). One cannot move from one VP to another even if there is a position. If some leaves the company in Germany the job is opened in... — read more 

Too many VPs.

The Executive Board Member HR has 24+ VPs and SVPs reporting to her. These many VPs for managing 55000 employees. What a joke of a company!

I was finally able to quit

Adidas is an absolute joke and I'm glad to be out of here! I'm so sick and tired of all the nepotism and politics that go on around here. If you're smart, you'll get out before this Titanic of a company sinks completely! If you have ANY prospects... — read more 

Adidas lacks focus and marketing direction

Adidas hasn't got a lack of innovation. They have too many technical innovations! What they lack is focus and marketing direction. They also need the leadership to stick with one innovation story for many years while improving the... — read more 

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| 1300 views | | no replies yet
Post ID: @OP+1lKyRQmU

The Gulden Rule Era already Flawed

Copied from below. Totally agree that despite the turn around at puma, the “gulden era “ is doomed. Direct shot at Nike on innovation but adidas has been stale for close to a decade. The post below spells it out clearly. Pasted all credit... — read more 

70 people laid off at Sports Apps

adidas Runtastic sports apps: 70 jobs across marketing, HR, agile and many, many in engineering cut yesterday. Employees were addressed by Scott Z, the Runtastic CEO and HR. Everyone was told during the call to wait for an email within the next... — read more 

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| 1740 views | | 1 reply (March 17, 2023)
Post ID: @OP+1lG6XAsC

Ask the management

Someone mentioned ask the management. And rightly so. Many of the topics discussed here should go to an internal forum such as the defunct ask the management. Why was it closed? It wasn’t perfect but it had many great things that are lacking with the... — read more 

A quick look at the competition

Adidas is always compared to its big rival Nike. But Gulden took issue with criticisms that adidas is not innovating enough in its performance business. He highlighted adidas' new AdiZero running shoes and "Predator" soccer cleats. "The... — read more 

It’s All About The Dollarzz YE Not ME or U

Clearly we about to get back in denial with Kayne West to get the cake. The brand cared for about an entire fiscal quarter. The brand doesn’t care about you if you are black, white, g-y and straight it’s all about the money. The green. A... — read more 

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| 1410 views | | 2 replies (last March 8, 2023)
Post ID: @OP+1loYRExC

What’s happening with FOG partnership?

Since the announcement of his partnership w/adi, JL has gone on to release multiple collaborations and releases with his and other brands and most recently with Birkenstock which seems to be going well. First quarter ‘23 FOG release was promised... — read more 

Mass exodus of female leadership

Is anyone paying attention to what is happening with women at senior leadership positions? Something like 5 Women VP and SVP level resignations since Christmas with minimal communication. Meanwhile, the boys club flourishes.

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| 2300 views | | 6 replies (last March 12, 2023)
Post ID: @OP+1ldMG51c

This is our main issue

Product marketing, comms and sales need to get something done and their team aligned. Its hard to watch from a Product Development perspective sometimes. The late decision making on designs, the focus on the wrong products, the wrong product... — read more 

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| 1470 views | | 1 reply (February 16, 2023)
Post ID: @OP+1lbb9MUb

redundancies on the cards ?

I’m getting worried about the state of the company with all these profit warnings, hiring freezes and reduced bonus. Share price also took a big hit last week. Where do we see it going from here? I’m in sales and sales have been poor for months, we... — read more 

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| 1960 views | | 4 replies (last February 14, 2023)
Post ID: @OP+1l8Klb3M

Look in the mirror. Stop spending on pet projects

Ever single dollar you spend on a project or item, requires nearly $25 of sales to support that spend. So many pet projects that have zero ROI on actually helping sell more product. Did you really need a huge video wall in gold? Did you really... — read more 

25% bonus.

So it did not matter if I've worked my a-s off this year to help shoveling this company out of its management misery. It won't be reflected in the 25% bonus, is this correct?

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| 2350 views | | 9 replies (last April 5, 2023)
Post ID: @OP+1kZHTUVI

Joke

A Senior Director with a history of being let go from EACH previous employer, and an apparel director with no relevant experience or team leading experience; Walk into a bar (new office).

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| 2250 views | | 6 replies (last February 2, 2023)
Post ID: @OP+1kSDtPG1

PDX TO LA ROUND II

Any bets if this BU will be set up for success any better than the last ? Remind, anyone, what the point or advantage of LA relocated office?

and how about the Norwegian?

I am no fool - there is a HUGE battle ahead. And of course one new leader is not going to fix everything. And he will need some time to adjust to the very different size of our business. We will have to be a bit more patient…. However….Can we take... — read more 

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| 1682 views | | 1 reply (January 13, 2023)
Post ID: @OP+1kELfjle

Consolidating Canadian and U.S. operations

[ https://sgbonline.com/report-adidas-to-merge-canadian-and-u-s-operations/ ] - I hope that not too many jobs will be shed during this consolidation!? I left earlier because I no longer liked how this company treats its employees, nor in which... — read more 

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| 1332 views | | no replies yet
Post ID: @OP+1kEJKyUh

amsterdam hiring freeze

what the he-l is going on in amsterdam? so many people left digital and more people are leaving. no hiring. we cannot secure the ones we already have here. is it just amsterdam sinking?

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| 1130 views | | no replies yet
Post ID: @OP+1kDut2v1

There are still loyal and talented employees here

What motivates talented employees to remain loyal to this company even though they can get much better jobs elsewhere, I really don't know. However, it is only a matter of time before they leave. The question is why is Adidas not doing anything to... — read more 

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| 1360 views | | 2 replies (last January 12, 2023)
Post ID: @OP+1kCQsniC

Comparison to Southwest

Saw this thread on twitter and I thought parts of it rang true for adidas: https://twitter.com/mikesington/status/1608932204784287746?s=12&t=UqYLg0dDbjZ1-8xviyprQg Happy New Year, and here‘s hoping that Bjorn can execute the necessary turnaround. — read more 

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| 1250 views | | no replies yet
Post ID: @OP+1ks19qCy

The Mckinseyfication of adidas

It's no secret that the sporting goods brand adidas has been struggling in recent years. While the company's outgoing CEO, Kasper Rorsted, has received much of the blame for adidas's declining share price, it's important to consider the role that... — read more 

WHAT is happening in Brand Or-a…?

SVPs dropping like flies…. First VF leaves Marketing, and now NG leaves Merchandising. Several surprises at the end of the year! Can anyone shed some light for those of us sitting in other functions?

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| 2230 views | | 3 replies (last December 27, 2022)
Post ID: @OP+1kj0Ocx9

He’s damaged our brand enough

Reposting from a different thread. Moving Martn Shanklnd out of the organization would be the biggest sign the new CEO could make of change! This guy represents the Danes leadership regime. Mean and angry, lacks any compassion for our people or his... — read more 

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| 1880 views | | no replies yet
Post ID: @OP+1kf0jpbi

When will the loss of staff be stopped?

December 2022: Even after KR left the company, the restructuring continues. When will the loss of staff be stopped, especially in the lower levels. These people are loyal and passionated. They are the backbone for success and keep the business... — read more 

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| 1780 views | | 1 reply (December 17, 2022)
Post ID: @OP+1ke0qHjp

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