Nike Layoffs November 2024. Companies like nike, intel, and citigroup have announced. Nike will lay off about 2% of its employees, or close to 1,700 people, as the sportswear behemoth looks to cut as much as $2 billion in costs.
Nike to cut 2% of workers as sportswear giant seeks savings. In november 2023, nike announced its strategic plan to reduce costs by up to $2 billion over the next.
Companies Like Nike, Intel, And Citigroup Have Announced.
Management off nike has confirmed that it will spend between $400 and $450 million in pretax.
Nike Has Quietly Laid Off Employees Over The Past Several Weeks And On Wednesday Signaled Plans For A Broad Restructuring, But It Has Yet To.
Nike is cutting 2% of its current workforce, or more than 1,500 jobs, as it looks to redeploy its resources amid a broad restructuring.
Nike To Cut 2% Of Workers As Sportswear Giant Seeks Savings.
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Nike Announced On Thursday That It Will Slash Around 2% Of Its Total Workforce, Or More Than 1,600 Jobs, As The Sportswear Giant Seeks To Cut.
Nike will cut about 2% of its total workforce, or more than 1,600 jobs, the sportswear giant said late on.
The Company Hopes To Cut Costs By $2 Billion Over The Next Three Years.
Investors weren’t impressed, sending nke stock down 1.5% overnight.