Adidas layoffs not expected to hit Portland office

Adidas’ Portland office will not be affected by the major layoffs that are set to hammer the company’s European headquarters.

According to reports from CNBC and other outlets last week, the German corporation plans to lay off up to 500 employees at its headquarters in Herzogenaurach. The company said Monday that the layoffs would not affect its North American headquarters, located in the Overlook neighborhood of North Portland.

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