Puma to cut 900 jobs as part of restructuring under new CEO Arthur Hoeld
By DPA Translated by Nazia BIBI KEENOO Published October 30, 2025 The world’s third-largest sportswear company, Puma, is facing losses but plans a major turnaround. The Germany-based brand, trailing Nike and Adidas, will cut about 900 administrative roles and streamline its product portfolio by the end of 2026 under its new CEO, Arthur Hoeld. Reuters…


