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Nike says it will lay off employees as part of $2 billion cost-cutting measures
Iconic shoemaker Nike is expecting to lay off some of its workforce as part of an attempt to cut down costs by $2 billion. The move by Nike comes amid concerns that consumers around the world are ...
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Nike to lay off 700+ Beaverton staff by end of June
Sportswear giant Nike has outlined plans to lay off 740 employees at its headquarters in Oregon, US, before the end of June, it has been reported. Nike has now informed state officials about the ...
Business Insider1d
The full list of major US companies slashing staff this year, including Meta, ExxonMobil, and Boeing
"We are seeing indications of more cautious consumer behavior around the world," Nike Chief Financial Officer Matt Friend said in December. On January 10, Google laid off hundreds of workers in ...
The Business Journals28d
Portland layoffs: Intel and Nike are not the only companies laying off Oregon workers
Aside from Intel, the other global corporation cutting jobs in the Portland area is Nike, which is working ... announced in February that it would lay off 2% of its workforce.