Nike Planning 1,600 Corporate Layoffs
The Eager Beavertons announced a two-year, $2 billion plan to reduce costs on its Dec. earnings call, and they have now revealed that about 2% of corporate positions, or about 1,600 jobs, will be eliminated. In a memo to employees, CEO John Donahoe said the first round will take place beginning today and extending through next week, with a follow-up ... Log in to view full article.