Tag: "Nike"
Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop
World 12:09 02/10/2026Nike is deepening its restructuring under CEO Elliott Hill as its woes in China intensify, announcing a plan to cut more jobs and shake up its global business divisions after the sportswear giant projected a surprisingly steep drop in full-year revenue.
Struggling Nike will cut around 1,400 jobs in efficiency push
World 09:38 24/04/2026Nike said on Thursday it is laying off about 1,400 people to streamline workflows, as the struggling sportswear company fights through a years-long sales slump.
200 Nike manufacturers resume full operations in Vietnam
Economy 18:04 03/11/2021Nike will continue expanding investment and production in Vietnam
