'A Very Difficult Decision': Adidas Lays Off Nearly Half Of Its Gurgaon Tech Hub Workforce
Adidas has begun a major round of layoffs at its India Tech Hub in Gurgaon, with the reduction expected to affect close to half of the hub's 700-strong workforce. The German sportswear giant informed employees of the decision at a town hall meeting. Adidas layoffs scale Adidas confirmed the layoffs to news website Wocult but did not specify the exact number of roles affected. The cuts will…
Adidas is undergoing a significant reduction in its Gurgaon technology hub workforce, with up to half of the 700 employees set to leave. The German sportswear company announced the cuts during a town hall meeting, informing staff of the decision. Adidas has not disclosed the precise number of roles affected, but reports indicate that 300-350 positions will be impacted. The majority of the layoffs will target software engineers, data scientists, and data engineers.
Employees have been divided into two groups. The first batch of affected workers received their exit letters on September 15, coinciding with the town hall announcement. The second group will remain employed until December 15, focusing on transferring their responsibilities to their remaining colleagues before departing. According to sources familiar with the matter, the company aims to streamline its operations, bolster essential capabilities, and position itself for future success in the rapidly evolving tech landscape.
Adidas expressed gratitude towards its employees for their contributions to the company. The tech hub, established in 2021, was designed to attract and cultivate skilled engineers and technology professionals to support Adidas' product development. Despite the substantial layoffs, Adidas reaffirmed its commitment to India, emphasizing the hub's vital role in the company's growth, innovation, and digital transformation initiatives.
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