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Nike this week began laying off more workers in its technology division. The number of jobs eliminated is unclear.

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 ...

Nike rival plots HUGE layoffs as great jobs termination spreads beyond tech. READ MORE: The jobs that pay $100k without a college degree By BEN SHIMKUS, CONSUMER REPORTER FOR DAILYMAIL.COM ...

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.

Nike (NKE) has initiated layoffs within its technology division as part of a strategic reprioritization. The company confirmed that a portion of this work will now be handled by third-party ...

These new devices use real-time stimulation to reduce stress, improve focus and promote relaxation for employee wellbeing.

In the U.S., job losses were up 274% from last year, while hiring plans remain “historically low,” according to Challenger, Gray & Christmas.