Nike Layoffs 2024 Lok. Will slash its global workforce by about 2% as the sportswear giant pushes on with efforts to reduce costs to counter a weaker sales outlook and growing competition. Nike, a popular sportswear company, has announced its decision to lay off around two percent of its workforce, totaling more than 1,600 employees.
However, according to an estimate, nike has around 83,000 employees. Nike will cut about 2% of its total workforce, or more than 1,600 jobs, the sportswear giant said late on thursday to lower expenses as demand for its shoes and sneakers comes under pressure.
Nke) Is Cutting 1,600 Jobs, Roughly 2% Of Its Staff, As Demand For.
Will slash its global workforce by about 2% as the sportswear giant pushes on with efforts to reduce costs to counter a weaker sales outlook and growing competition.
The Latest Nike Layoffs Are Part Of A Plan To Reduce The Firmโs Headcount By 2% Overall.
The nike layoffs are connected to a plan the retailer announced dec.
Initial Layoffs At Nike Began In February And The Company Expected To Conclude The Process By The End Of Its Fiscal Year, According To An Internal Memo Reviewed By Bloomberg News.
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15,589 Employees Laid Off โ See All February 2024 Tech Layoffs.
However, according to an estimate, nike has around 83,000 employees.
Nke) Is Continuing To Cut Staff, This Time At Its European Headquarters.
The layoffs were across the industry, including google’s termination of around 200 engineering positions in sunnyvale, california, as part of a broader downsizing effort that began last year.
Nike Is Planning To Lay Off Hundreds Of Employees Before 2024 Starts.
