Nike Forecasting "Low Single-Digit" Revenue, Cuts Another 740 Jobs by The End of June
Seven hundred forty employees will be laid off in two rounds by June 28, after a 2% workforce reduction was confirmed in February. Read more.
Stay updated with breaking news from Pegasus Premium. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Seven hundred forty employees will be laid off in two rounds by June 28, after a 2% workforce reduction was confirmed in February. Read more.
Nike's layoffs at its Beaverton, Ore. headquarters will have impacted 740 people by June, according to a WARN notice.
Nike brought its athletes to Paris to kick off its Olympic activations, new products. Medalists Dawn Staley and Jordan Chiles met for the first time.
Sportwear giant Nike is ramping up its multi-year innovation program by launching a new line-up of products.
Nike changed the Peg’s midsole foam for more energy return and better sustainability. But it’s undeniably a Pegasus.