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Nike Inc., to layoff hundreds to save billions in a so-called streamlining move

Nike Inc., to layoff hundreds to save billions in a so-called streamlining move

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© Copyright – 2023 – Athletics Illustrated According to The Oregonian, “hundreds of jobs are likely on the chopping block.”  As it turns out, in 2020, Nike Inc. predicted that it would incur between $200 million and $250 million in severance costs. This would come to be when it would bear the expense of eliminating 700 positions. […]

The post Nike Inc., to layoff hundreds to save billions in a so-called streamlining move appeared first on Athletics Illustrated.

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