Nike Pointing to a Weaker Consumer Demand, Axes 1,500 Jobs i

The cuts are happening as consumers spend more cautiously and the retail industry prepares for a decrease in demand for non-essential items like clothes and shoes, which are Nike's main products. Read more.

Related Keywords

John Donahoe , Nike Leadership Holding Themselves Accountable , Year Partnership , Two Phases , Laying Off Jobs Hinting , Nike Trims Expenses , Initiates Job Cuts , Enhance Automation , Nike Scaling Down Sports Investment , Tiger Woods Worth , Nike Layoff , Retail Spending , Brand Restructuring ,