(Reuters) -Footwear brand Converse will cut jobs as part of parent company Nike's on-going $2 billion cost savings plan, a source familiar with the matter said on Tuesday. Nike had laid out a ...
May 14 (Reuters) - Footwear brand Converse will cut jobs as part of parent company Nike's on-going $2 billion cost savings plan, a source familiar with the matter said on Tuesday. Nike had laid ...
Converse, a well-known footwear brand, is set to reduce its workforce. This decision comes as part of Nike's comprehensive $2 billion cost-saving strategy, aiming to streamline operations over the ...
Converse's workforce changes are part of Nike's plan. Converse accounts for about 5% of Nike's total sales. Nike is implementing a $2 billion plan to reduce expenses, which includes eliminating 2% ...
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 ...