INDIANAPOLIS – About 40 workers from the Indianapolis east side Adidas location will be laid off, company officials said Thursday.
Employees at the company near 25th Street and Post Road will have to find new jobs as the company begins to align with their new vision, officials said.
Adidas ended their contract with the NBA last season and previously parted ways with Notre Dame in 2014.
The company released a statement following the announcement:
Over the past few years, we have made strategic business decisions to divest in Mitchell & Ness and the NBA licensed business to better align with our company’s vision. As we continue to grow our business in America, we have made the decision to integrate our licensed business into our wider organization. This means we have to make strategic changes in our operations. Decisions that impact our people’s lives are never easy and we’re working to make sure our people are supported during this transition.
MORE TOP STORIES |HUGE rattlesnake spotted on trail at Brown County State Park | PC: Driver shot Lt. Aaron Allan 14 times, 'as the officer tried to crawl away' | Jason Brown formally charged with murder of Southport police lieutenant | 'Grundy Crew' case ends with almost all charges dropped, guilty plea on marijuana charge | Map shows how much each Indiana city will see of upcoming solar eclipse
