Cut Down By Another Leading Company, About 25% Of The Staff Predicted To Be Fired By Adidas In The Coming Months.
German Sportswear maker Adidas is looking to tighten its operations in the country. Adidas id a leading merchandiser in the country and has a huge chain of business spread across the country. This step of the company would lead to a massive reduction in their employee strength. According to the sources at Nirmal Singh 3C Company , the company is planning to shred around one- fourth of its staff in the coming months and this would worsen the state of unemployment in India. Adidas, which owns Reebok is in talks with Reliance brands to hand over a lot of its operations to them. The reason behind this sudden decision of the merchandise is not yet that clear, but the sources at Nirmal Singh 3C Company said that a spokesperson from Adidas India said that they always plan to strategically increase their focus and the investments in India and they still don’t know anything about the staff change or the reduction of the employees. So anything about this would be simply on the basis o...