Footwear brand Converse will cut jobs as part of parent company Nike's on-going $2 billion cost savings plan, Bloomberg News reported on Tuesday citing an internal memo.
Converse is cutting roles as part of a general Nike Inc. business restructuring plan, the company confirmed to FN. In a statement, Converse said it “is realigning some of our teams and optimizing the ...
Nike (NYSE:NKE) – Converse, a Nike subsidiary, will cut jobs as part of its ongoing $2 billion cost reduction plan. Nike, affected by cautious consumer spending, will reduce product supply and ...
(Reuters) - Chesapeake Energy, a top U.S. natural gas producer, began laying off employees this week after completing the divestiture of its oil assets last year, the company said on Monday. This week ...
Over 600 jobs will be cut across Tesla’s workforce in California, including senior-level positions at a manufacturing plant and the company’s engineering headquarters, according to a filing ...