Preview - Please log in to view full article.

Article Date: February 2024
Word Count: 138

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.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.