STARTUP LEGAL16 Sept 2026
Adidas layoffs: Nearly half of India Tech Hub workforce in Gurgaon let go, says report. Who was affected? | Company Business News
Adidas has reportedly started large-scale layoffs at its India Technology Hub in Gurgaon, and roughly 350 or more people may lose their jobs. Reports say the cuts could hit 45% to 50% of the hub's 700 employees, including software engineers, data scientists and data engineers. If you work there, keep your papers ready and check your notice pay and tax dues.
Key Statutory Highlights
- Adidas has reportedly begun large-scale layoffs at its India Technology Hub in Gurgaon.
- An estimated 350 or more employees are affected by these reported job cuts.
- The cuts could affect roughly 45% to 50% of the hub's around 700 employees, including software engineers, data scientists and data engineers.
Actionable Advice for Taxpayers / Founders:If your role is affected, ask HR for your full and final settlement in writing, keep your salary slips and Form 16 safe, and speak to a tax professional about how your final pay is taxed before you file your return.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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