Nike will eliminate 1,400 jobs, restructure
Posted Jun 18, 2017
Nike said Thursday morning it will cut its global workforce by 2 percent in a broad restructuring, a move seen as a reflection of the company's somewhat weakened competitive position and a sagging retail sector. Nike had 70,000 employees at the end of last year, so Thursday's announcement would work out to about 1,400 jobs altogether.
(Oregon Live)
Related: Other News
Ovies & Giglio Want Triangle Sports Fans to Keep Arguing ForeverIt’s a Thursday in February and Joe Ovies and Joe Giglio are talking about sports. They’re recording from the headquarters of OG Triangle Media: A...
Fri Apr 26, 2024One family was first in line to see Mark Pope. Their feelings sum up a Kentucky fan base.
Hours before Mark Pope was officially introduced as the new head men’s basketball coach at the University of Kentucky on Sunday, the sidewalks outside of...
Thu Apr 25, 2024
NC State loses power forward Mohamed Diarra to professional hoops
NC State has a gaping hole at power forward with junior Mohamed Diarra entering the NBA Draft. The 6-foot-10 forward from France was a junior...
Thu Apr 25, 2024
Former UNC center Ali Zelaya transferring to UNCW
Alexandra Zelaya will play her fifth season at UNCW. The 6–4 Zelaya, who entered the transfer portal April 1, is the third of the six...
Wed Apr 24, 2024