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Nike Cuts 1,400 Roles Representing Less Than 2% of Workforce
Nike announced it is reducing its workforce by 1,400 roles, amounting to less than 2% of its total employees. The sporting-goods company stated the move aims to simplify global operations and support its turnaround plan. The reductions are part of efforts to streamline complexity within the organization.
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Nike is cutting 1,400 roles, representing less than 2% of its total workforce, as the sporting-goods company works to advance its turnaround plan. The workforce reduction of some 1,400 workers accounts for about 2% of Nike's employees. Nike will reduce its workforce by some 1,400 workers as part of the company’s plan to simplify the complexity in its global operations.
Nike is cutting 1,400 roles as the sporting-goods company tries to get its turnaround plan back on track.
Transparency
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CorroborationLimited · 2 sources
