Last week, Nike announced some pretty massive layoffs as the company is planning to cut more than 1,500 jobs as it undergoes a broader restructuring “This is how we will reignite our growth ...

Nike Inc. (NYSE:NKE) has reportedly reduced its workforce at its European headquarters as part of a multiyear effort to trim costs. The layoffs are part of a broader plan to save $2 billion globally.

“By the end of the year, Nike stock was down nearly 60% from its November 2021 high,” Gordon writes. Layoffs of some 750 employees took place in July, including 32 vice presidents, 112 senior ...

Despite the layoffs, Nike is currently hiring for a variety of tech roles, including lead engineer, senior software engineer, and senior data engineer. Business Insider analyzed the US Office of ...

The news comes two weeks after REI announced yet another round of layoffs along with the end of ... she has spent the last 18 months as head of Nike's enormous global direct-to-consumer business ...

Laughton previously worked at Nike as the head of Nike Global Direct ... financial struggles and has undergone several rounds of layoffs in the past couple of years. REI reported $3.76 billion ...

The move represented some 360 layoffs, according to Argentine media ... it manufactures footwear for Asic, Fila, Umbro, and Nike; while the Coronel Suárez facility, formerly owned by Gatic ...