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.

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.

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 ...

Nike plans cost-cutting measures to save up to $2 billion over the next three years, including layoffs and more automation. The company also slashed its annual sales forecast to only 1%.

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 ...

Just two months ago, Nike announced plans to reduce its workforce by 2 percent, or more than 1,600 employees. These latest layoffs, which are being referred to as the “second phase of impacts ...

Converse’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 ...

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 ...

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 ...