Puma shares fall as new CEO unveils turnaround plan, job cuts (PMMAF:OTCMKTS)

Core Viewpoint - Puma SE plans to cut 900 additional jobs and refocus on running, football, and training to recover from recent challenges [2] Company Summary - Puma SE is facing both industry-wide and company-specific challenges that are expected to impact its performance [2] - The company aims to streamline operations by reducing its workforce as part of its recovery strategy [2] Industry Summary - The sportswear industry is currently experiencing difficulties that are affecting multiple companies, including Puma SE [2]