adidas Cuts 15% of Golf Workforce, Closes Adams Golf HQ in Plano, TX

Earlier this evening we received confirmation that The adidas Group (parent company for TaylorMade-adidas, Ashworth, and Adams Golf) has decided to close Adams Golf headquarters in Plano, Texas and to consolidate business operations at TaylorMade Headquarters in Carlsdbad, California. Additionally,15% of the golf division's global workforce, including what I'm told is a majority of Adams Golf employees, has been laid off. [READ MORE]