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Barchart on MSNNike Layoffs 2025: Is It Time to Sell NKE Stock as Nike Slashes Tech Jobs?Nike (NKE) has initiated layoffs within its technology division as part of a strategic reprioritization. The company ...
Nike this week began laying off more workers in its technology division. The number of jobs eliminated is unclear.
The company recently provided a list of 732 jobs it eliminated this year to the state’s Higher Education Coordinating Commission, as required when mass layoffs occur. The list shows Nike laid ...
At the end of 2023, Nike announced a $2 billion cost-cutting and restructuring strategy that resulted in 740 layoffs at Nike world headquarters in Beaverton.
According to ECONorthwest's senior economist, Nike's recent layoffs could have ripple effects on Portland's regional economy, specifically because of the current economic climate. Earlier this ...
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Converse layoffs are the latest casualties of Nike’s $2 billion do-or-die plan to get back on its feetConverse’s cuts come on the heels of Nike announcing staff layoffs at its headquarters that began in February will total 740 by late June. Nike introduced in December a cost-saving plan not only ...
The layoffs are part of a broader cost-cutting strategy. In April, Nike announced plans to eliminate 740 jobs in Oregon as part of a 2% reduction in its global workforce. This move is part of a ...
It is not immediately clear how many people work in Nike's technology division. 2025 job layoffs: UPS cutting around 20,000 jobs amid 'new or increased tariffs'; 73 buildings closing Bloomberg ...
Related: Nike will lay off 740 employees in Beaverton ... “Intel is trying to execute a very delicate balancing act,” he said. “And the layoffs that were announced with earnings are part ...
As the public’s attention turned to corporate impact on the environment, a chastened Nike aimed to lead. But before the layoffs, Nike had missed its own targets for reducing its contribution to ...
Nike has laid off a "limited number" of employees on its Global Tech team, a company spokesperson confirmed to Retail Dive. The departures were the result of changes announced last week, which ...
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