Tag: sportswear
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Nike’s Latest Layoffs: Corporate Staff Impacted
Nike, the iconic sportswear giant, is once again making headlines with plans for a new round of layoffs that will impact corporate employees at its headquarters. This news comes as little surprise to those who have been following financial trends within the company, especially since Elliot Hill, Nike’s President and CEO, hinted at potential job…
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Nike Faces Another Shake-Up: Corporate Layoffs Ahead
In a significant move that has captured the attention of industry observers, Nike has announced a new round of layoffs, affecting employees at its corporate headquarters. This decision follows hints dropped by President and CEO Elliott Hill during the fourth-quarter earnings report of the fiscal year 2025, suggesting that restructuring could be on the horizon.…