Nike chopping over 1,000 jobs as struggling sneaker giant tries to rebound from sales slump
NY Post
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Nike shares have lost more than half their value in the last three years, as nimbler competitors such as On, Hoka and Anta have won more shelf space.
- Nike to lay off 1400, majority cuts to be in technology team; COO Venkatesh Alagirisamy says in memo: This is not a new … Times Of India —
- Nike confirms 1,400 job layoffs across UK, Europe, North America and Asia Birmingham Live —
- Nike will cut around 1,400 jobs in efficiency push RTE —
- Nike to Cut 1,400 Jobs as Part of Its Turnaround Plan The New York Times —
- Nike to cut around 1,400 jobs as years-long sales slump continues The Globe and Mail —