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Puma Will Cut 500 Positions

Retail Insight Network on MSN · 1d

Puma warns of slower sales growth in 2025 and will cut 500 jobs worldwide

The brand anticipates that ongoing geopolitical tensions and macroeconomic headwinds could dampen consumer confidence and suppress demand.

Reuters on MSN · 2d

Puma to cut 500 jobs worldwide in cost-cutting programme

Puma will cut 500 jobs worldwide as part of its cost-reduction programme, its CFO said after the German sportswear group late on Tuesday issued disappointing forecasts for the first quarter and 2025 amid weak demand in the U.

The Wall Street Journal on MSN · 2d

Puma Will Cut 500 Positions Globally as Part of a Cost-Cutting Plan

Job reductions will be implemented at the group’s headquarters in Germany and in regional offices. The company has a total workforce of 22,500.

Hindustan Times on MSN · 1d

Puma to cut 500 jobs worldwide and shut unprofitable stores over weak US demand

This comes right after the German sportswear maker posted disappointing quarterly and annual forecasts a day before, resulting in its shares slumping 23%.

Puma faces weak U.S. demand, plans job cuts as shares plunge

Company forecast currency-adjusted sales below last year's level Management flags weak U.S. market, announces 500 job cuts Puma shares down 23% Sign up here. Chief Executive Arne Freundt said Puma ...

2d

Puma Shares Tumble on Profit Warning for 2025, Despite Growth in 2024

The German sportswear brand expects growth this year to be in the low- to mid-single digits amid ongoing political and ...

2d

Puma Shares Fall Most on Record After Disappointing Guidance

Puma SE shares plunged the most on record after the sneaker maker disappointed investors with softer-than-expected results ...

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