Puma Plans Major Job Cuts to Boost Growth

Puma will cut 900 jobs by 2026 due to declining sales.
Q3 sales fell 10.4% to €1.96 billion, below analyst forecasts.
Company already cut 500 jobs in 2024 as part of cost-cutting efforts.
Puma expects growth by 2027 after strategic changes.
1 week ago
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