Ok so lets replay the events in chronological order:
- A series of C level and S level promotions are announced in 2024 to be effective at the start of 2025.
- adidas shows amazing results in terms of Top and Bottom Line.
- adidas CEO announces layoffs for 500. Reason quoted as “Making the organization lean” while explicitly calling out “This is not a cost cutting exercise”.
- VLP rolled out today.
- Our dear new CIO announces a subset of the number from Tech, stating that they will just see how many people take VLP, and will then shuffle people to balance and also look at social plan if numbers are not met.
CLEARLY, the strategy shared by the CIO is purely a number target goal and has nothing to do with leanifying the org. Of the goal was to leanify, first the teams or departments that make the org and operations complex would be identified. Looks like strategy for Tech is all about “Cutting Costs” and not about “Leanifying org”.
For those who are willing to take VLP, its indeed a good offer. For those who still are willing to not give up their association with adidas Herzo, you’d certainly have a strong legal ground. Speak to your lawyer.