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Nike is cutting about 1,700 jobs in globalwide restructuring

Nike is cutting 2% of its global workforce, or a little over 1,600 jobs, as the athletic wear giant aims to cut costs and reinvests its savings into what it sees as big growth areas like sport, health and wellness. The Beaverton, Oregon-based brand joins a growing number of companies including Estee Lauder and Levi Strauss & Co. that have announced job cuts in recent weeks. In December, Nike reduced its annual sales outlook for the fiscal year after reporting second-quarter sales results tha...
United States John Donahoe Estee Lauder Levi Strauss Co Levi Strauss Wall Street Journal
Source: omaha.com

Nike is cutting about 1,700 jobs in globalwide restructuring | Money

Nike is cutting 2% of its global workforce, or a little over 1,600 jobs, as the athletic wear giant aims to cut costs and reinvests its savings into what it sees as big growth areas like sport, health and wellness. The Beaverton, Oregon-based brand joins a growing number of companies including Estee Lauder and Levi Strauss & Co. that have announced job cuts in recent weeks. In December, Nike reduced its annual sales outlook for the fiscal year after reporting second-quarter sales results tha...
United States Estee Lauder John Donahoe Levi Strauss Co Levi Strauss Wall Street Journal

Nike is cutting about 1,700 jobs in globalwide restructuring | Shareable Stories

Nike is cutting 2% of its global workforce, or a little over 1,600 jobs, as the athletic wear giant aims to cut costs and reinvests its savings into what it sees as big growth areas like sport, health and wellness. The Beaverton, Oregon-based brand joins a growing number of companies including Estee Lauder and Levi Strauss & Co. that have announced job cuts in recent weeks. In December, Nike reduced its annual sales outlook for the fiscal year after reporting second-quarter sales results tha...
United States John Donahoe Estee Lauder Levi Strauss Co Levi Strauss Wall Street Journal

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Nike to cut two per cent of its workforce and reinvest in areas like health

  NEW YORK (AP) – Nike is cutting two per cent of its global workforce, or little over 1,600 jobs, as the athletic wear giant aims to cut costs and reinvest its savings into what it sees as big growth areas like sport, health and wellness. Nike, based in Beaverton, Oregon, United States joins a […]
United States Estee Lauder John Donahoe Levi Strauss Co Levi Strauss Wall Street Journal

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