Nike Cuts 1,400 Jobs as Turnaround Plan Shifts Focus to Automation, Supply Chain Integration
Nike is accelerating its restructuring with another round of layoffs affecting about 1,400 roles, as the world’s largest sportswear brand recalibrates its operating model to cope with slowing sales, rising competition, and a faster, more technology-driven retail cycle. The cuts, announced Thursday, are concentrated largely in the company’s technology division and span North America, Asia, […]
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