California News and Insights
Nike said on Thursday that its $2 billion cost-cutting and restructuring plan will support future growth, but it also seems to be a hint at significant workforce reductions. As a result of this business restructuring, Nike said “result in pre-tax restructuring charges of approximately $400
Nike (NKE) and other major sponsors have shown up to openly support tennis star Naomi Osaka following her decision to pull out from the French Open. The sports apparel giant — who signed a sponsorship deal with Osaka in 2019 — cheered the athlete in
The shoe monster revealed to The Oregonian/OregonLive Thursday that its endeavors to fabricate a “flatter, nimbler company,” prompted an unspecified number of recent layoffs. These most recent cuts follow bigger layoffs the organization reported the previous summer, which dispensed with 700 Oregon jobs through January