Reebok May Lay Off 150 People
Reebok is planning to lay off 150 people after the completion of its sale by Adidas to the Authentic Brands Group in the first quarter of this year, according to the Boston Globe and Footwear News. The brand employs some 4,000 people around the world, but the cutbacks would reportedly affect mostly the staff of 450 people at its global headquarters, which is set to remain in Boston, Massachusetts. The planned move is thought as being part of the implementation of a new business model ... Log in to view full article.