Nike layoffs announcement, 740 jobs will be affected as a part of their strategy to reduce 2 percent of their workforce.

Nike plans layoffs amidst restructuring, signaling shifts amid challenges and the departure of key figures like Tiger Woods.

Nike (NYSE:NKE) layoffs are in the news Monday after the athletic apparel company announced plans to cut jobs at its global headquarters. These Nike layoffs will result in 740 employees at the ...

Nike shares rose nearly 2% this past week, but are down more than 11% so far this year and have fallen more than 23% over 12 months. 'We must adapt': L.L. Bean announces layoffs, reduced call ...

Nike’s reputation—and sales—are both in trouble. The Paris games could be the aging brand’s chance to turn its fortunes around.

But the layoffs may also hint at broader strategic problems plaguing the brand. Recent decisions at Nike reflect a departure from chief executive John Donahue’s pandemic-era strategy ...

The layoffs included 740 people. The problem is more significant than it seems. Nike called this its “second round of layoffs.” Earlier in the year, Nike said it would cut 2% of its workforce.

The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week in ...

Nike's up-to-$2 billion cost-cutting plan will ... Discord employees learned about the layoffs in an all-hands meeting and a memo sent by CEO Jason Citron in early January. "We grew quickly ...

Below you’ll find a comprehensive list of all the known layoffs in tech that have occurred in 2024, to be updated regularly.