Nike announces possible layoffs and a $2 billion cost-cutting plan

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 Continue Reading

Nike lays off more laborers however says the shoe market stays solid

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 Continue Reading