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Intel, Walmart, Renesas and Boston Scientific disclosed plans for well over 500 job cuts in the Bay Area as the wobbly tech ...
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A favorite American clothing retailer is axing some of its corporate jobs. High-tech computers might take their place.
These new devices use real-time stimulation to reduce stress, improve focus and promote relaxation for employee wellbeing.
At the end of 2023, Nike announced a $2 billion cost-cutting and restructuring strategy that resulted in 740 layoffs at Nike world headquarters in Beaverton.
Nike has laid off a "limited number" of employees on its Global Tech team, a company spokesperson confirmed to Retail Dive. The departures were the result of changes announced last week, which ...
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Nike this week began laying off more workers in its technology division. The number of jobs eliminated is unclear.
Nike Direct revenues came in at $4.7 billion, falling 12%, while Wholesale clocked $6.2 billion, down 7% from a year ago. Gross margin narrowed to 41.5%, a decline of 330 basis points.
A memo sent to employees and seen by Newsweek says the layoffs are intended to help the company streamline its operations.
Nike has laid off a “limited number” of employees on its Global Tech team, a company spokesperson confirmed to Retail Dive Tuesday.