Nike announces 1,400 job cuts as sales lag

Nike announces 1,400 job cuts as sales lag

Summary

Sportswear giant Nike announced it's cutting about 1,400 jobs in its operations division, mostly tech workers. Sales lag, especially in China.

Description

Sportswear giant Nike announced it's cutting about 1,400 jobs in its operations division, mostly tech workers. Sales lag, especially in China.

Original reporting

AFBytes is a read-only aggregator. Use the original source for full context and complete reporting.

Open original source

Related coverage