Adidas has initiated a hiring freeze but suggested it does not plan to conduct layoffs after it cut ties with hip-hop mogul Ye, forfeiting a multibillion-dollar business that had become increasingly problematic in recent weeks.
https://www.forbes.com/sites/laurendebter/2022/10/25/adidas-implements-hiring-freeze-but-no-layoffs-amid-split-with-kanye/?sh=3e0db65667b2