Nike Is Laying Off 2% of Workforce as Company Works to ‘Right-Size’ Organization
February 15, 2024
After months of speculation, Nike confirmed late Thursday that it is laying off 2 percent of its workforce.
The move comes after the athletic giant revealed in December that it was taking steps to “streamline” the organization and would look to save up to $2 billion in costs over the next three years. FN
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