Nike will lay off about 2% of its employees, or close to 1,700 people, as the sportswear behemoth looks to cut as much as $2 billion in costs. Nke) layoffs are in the news monday after the athletic apparel company announced plans to cut jobs at its global headquarters.
News of the cuts was revealed via a warn notice filed in. Initial layoffs at nike began in february and the company expected to conclude the process by the end of its fiscal year, according to an internal memo.
The Cuts Stem From Subpar Performance And Lower Product Demand, Influenced.
About 750 employees were let go at its global headquarters in.
Nike Is Laying Off About 2% Of Its Global Workforce As Part Of A Plan To Slash $2 Billion In Costs.
/ us, canadian companies kick off 2024 with layoffs;
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Nike Will Lay Off About 740 Employees At Its World Headquarters In Oregon, A Letter Showed On Friday, As The Top Sportswear Maker Looks To Rein In Costs After Warning.
Nike joins growing list of us companies doing large layoffs.
Us, Canadian Companies Kick Off 2024 With Layoffs.
While i donโt want to see anyone lose their job nike employee numbers have been.
