India TV

Adidas lays off 50% of its workforce at India HQ in Gurugram, 350 employees get exit letters

Sportswear giant Adidas has reportedly laid off nearly half of its workforce at its technology hub in Gurugram, according to media reports. The Gurugram tech hub in Sector-32, which was launched in 2021 to attract and develop technology and engineering talent for Adidas products, had around 700 employees.