Puma’s chief executive bows out with wide-ranging cuts

2013-02-26T00:00:00

About 450 jobs are to be cut at Puma as part of the company's wide-ranging restructuring plans, which will cost €25 million more than budgeted. This amounts to about 4 percent of the group's staff, which reached a level of 11,290 people at the end of last year.

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