Thread regarding Adidas layoffs

A few headlines from this week

Now it's not just insiders and employees who see the incompetence of SLT:

Adidas is a disaster right now, and it's not just the Kanye West debacle:

https://finance.yahoo.com/news/adidas-disaster-beyond-kanye-west-debacle-102544534.html

Why Adidas has 'really broken trust' with consumers amid Kanye West fallout:

https://finance.yahoo.com/news/adidas-broken-trust-consumers-kanye-west-fallout-expert-164215658.html

Adidas Says Consumers Are Struggling. In Reality, They Are":

https://www.wsj.com/articles/adidas-says-consumers-are-struggling-in-reality-they-are-getting-selective-11666358545

Kanye West anti-Jewish posts lead Adidas to cut ties way too late:

https://www.nbcnews.com/think/opinion/kanye-west-jewish-posts-lead-adidas-cut-ties-way-late-rcna54123

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| 2461 views | | 4 replies (last December 1, 2022) | Reply
Post ID: @OP+1jpLqwUJ

4 replies (most recent on top)

Roland making headlines too..! : "Chief sales officer Roland Auschel was the subject of a compliance probe...": https://12ft.io/proxy?q=https%3A%2F%2Fwww.ft.com%2Fcontent%2F7b852f73-e463-4458-809a-c1ba80607295%3Famp%3Bamp%3BshareType%3Denterprise

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Post ID: @zpkr+1jpLqwUJ

Not just a Kanye problem clearly - and also: Kanye West Used Po-n, Bullying, ‘Mind Games’ to Control Staff: https://www.rollingstone.com/music/music-features/kanye-west-yeezy-po-n-bullying-kim-kardashian-1234635221/

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Post ID: @rgfd+1jpLqwUJ

These things “weren’t part of the strategy.” So they got ignored. And now the company and its employees will pay the price.

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Post ID: @vnq+1jpLqwUJ

Some management teams at adidas have been able to keep the impact of their ineptitude within company walls - clearly not this team. This will just double the pain felt by employees, as investors are not likely to be kind, especially in this macro-economic environment.

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Post ID: @whj+1jpLqwUJ

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