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German sportswear maker Puma on Wednesday said it would cut a further 13% of its workforce globally, equivalent to 900 jobs, by the end of 2026, as its sales continued to decline.Puma reported a decline in sales of 10.4% on a currency-adjusted basis to 1.96 billion euros ($2.29 billion) in the third-quarter.The cuts come as the company attempts to turn around its performance after lower demand for its products and a hit from U.S. tariffs on imports impacted its business. Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) Read More News onPumaPuma job cutsPuma salesPuma resultsPuma jobs newsPuma layoffsPuma shoesPuma sneakersPuma sneakers salePuma profits (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online....moreless (You can now subscribe to our Economic Times WhatsApp channel)Read More News onPumaPuma job cutsPuma salesPuma resultsPuma jobs newsPuma layoffsPuma shoesPuma sneakersPuma sneakers salePuma profits(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online....moreless Explore More Stories123
