Nike on Thursday reported bruising quarterly earnings and raised the possibility of more layoffs, but first-year CEO Elliott Hill said in an email to employees the company is making “significant ...

Layoffs continue at Nike, which in recent weeks also has announced a number of executive changes. Pictured, customers shop at a Nike store along the Magnificent Mile shopping district in Chicago ...

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.

Near the end of the call, Hill said Nike will “evaluate corporate cost reduction as necessary,” a result of slower recovery ...

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%.

Nike Layoffs: all you need to know about its financial challenges. Nike cuts 732 jobs, including high-level executives. Nike announces major layoffs. LAPRESSE. LW. 09/07/2024 - 18:20 CDT.

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.

FILE - This Aug. 8, 2017 file photo shows the Nike logo at a store in Miami Beach, Fla. Alan Diaz / AP. Major layoffs at two of Oregon’s biggest employers are raising concerns for the state’s ...