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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.
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Barchart on MSNNike Layoffs 2025: Is It Time to Sell NKE Stock as Nike Slashes Tech Jobs?Nike (NKE) has initiated layoffs within its technology division as part of a strategic reprioritization. The company ...
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 ...
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 Bloomberg ...
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 ...
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 ...
As the public’s attention turned to corporate impact on the environment, a chastened Nike aimed to lead. But before the layoffs, Nike had missed its own targets for reducing its contribution to ...
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 ...
The latest Nike layoffs are part of a plan to reduce the firm’s headcount by 2% overall, cutting some 1,500 positions. Back in April, the company also filed a notice with officials that it will ...
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