Nike to cut 740 jobs at Oregon headquarters
The US-based sportswear giant is planning to cut over 700 employees at its world headquarters in Oregon by June. This is the second phase of the layouts announced in February
Nike is laying off an additional 740 employees by the 28th of June, following a February announcement to cut 2% of its workforce (roughly 1 600 jobs). Back in December, the brand announced that lay-offs were on the cards as part of its plan to cut costs by 2 billion US dollars over the next three years.
“Nike’s always at our best when we’re on the offence. The actions that we’re taking put us in the position to right-size our organization to get after our biggest growth opportunities as interest in sport, health, and wellness have never been stronger”, a Nike spokesperson told Complex Sneakers.
“While these changes will impact approximately 2% of our total workforce, we are grateful for the contributions made by all Nike teammates”, he concluded. As of the 31st of May 2023, the sportswear giant employed around 83 700 people worldwide.
Image Credits: jobs.nike.com
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