In its filing, nike, inc. Nke) layoffs are in the news monday after the athletic apparel company.
Athletic apparel giant nike (nyse: The latest nike layoffs are part of a plan to reduce the firm’s headcount by 2% overall, cutting some 1,500 positions.
Nike Completes Phase 2 Of Layoffs, Cutting Nearly 750 Employees In Total.
Nike world headquarters in beaverton, oregon.
19,350 Employees Laid Off — See All January 2024 Tech Layoffs.
Athletic apparel giant nike (nyse:
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The Layoffs Are Part Of A Broader Plan To Save $2 Billion Globally.
Nike is cutting 2% of its global workforce, or a little over 1,600 jobs, as the athletic wear giant aims to cut costs and reinvests its savings into what it sees as big.
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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.