Puma to Cut 500 Jobs
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PumaReuters
•Business
Business & Economics
Puma to cut 500 jobs worldwide in cost-cutting programme

79% Informative
Puma will cut 500 jobs worldwide as part of its cost-reduction programme.
German sportswear group issued disappointing forecasts for first quarter and 2025 .
Puma 's disappointing quarterly sales and annual profits announced in January and Tuesday 's outlook have fuelled concerns about its ability to compete with bigger rivals Adidas and Nike .
VR Score
90
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97
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62
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formal
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English
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54
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