Nike Lays Off Thousands 2024

Nike Lays Off Thousands 2024. (1 min) nike has lowered its revenue outlook for the year amid concerns that consumers are spending more cautiously. Nike’s ceo john donahoe blamed himself on friday while saying the company was laying off more than 1,500 people—cuts that donahoe said would.


Nike Lays Off Thousands 2024

The sportswear giant laid off employees in several departments in recent weeks and on wednesday signaled plans for a broad restructuring. Nike will lay off about 2% of its employees, or close to 1,700 people, as the sportswear behemoth looks to cut as much as $2 billion in costs.

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