Haberler   
  English   
  Kurdî   
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 22/11/2024 13:01 
News  > 

Nike To Cut 2% Of Global Workforce Amid Restructuring

16.02.2024 17:42

Layoff estimated to affect around 1,500 to 1,600 employees.

American athletic footwear and apparel corporation Nike will cut 2% of its global workforce amid a corporate restructuring plan.

"We are not currently performing at our best, and I ultimately hold myself and my leadership team accountable," CEO John Donahoe said Thursday in a memo to the employees. "This is how we will reignite our growth."

The layoff is expected to affect around 1,500 to 1,600 employees.

The Oregon-based company said the job cuts will have two phases – the first round beginning this week, and the second by the end of May.

Nike in December announced a plan to lower costs by around $2 billion over the next three years due to expectations of lower sales.

Dozens of companies in the US, mostly in the technology sector, have been cutting jobs since the final quarter of last year as they struggle with lower income and falling advertisement revenue.

Cisco, Instacart, Snap, DocuSign, Uber, Reddit, Disney, 3M, Amazon, Yahoo, Affirm, Zoom, Dell, IBM, Microsoft, Salesforce, PayPal, and Google's parent company, Alphabet, have laid off workers by the thousands since the last quarter of 2023. -



 
Latest News

  • A suggestion for the minimum wage also came from Ebru Polat.
  • One of the names that has made a name for herself in the world of gossip with her interesting statements, Ebru Polat, has recently come into the spotlight with her comments on the minimum wage. Stating that the minimum wage should be directly proportional to the euro, Polat said, "Since we take Europe as an example for everything, including cats and dogs, we should also take it as an example for the minimum wage."
  • -26 minutes ago...


  • The study examined violence against women in Turkish TV series: The highest number of violence scenes was in 'Kızıl Goncalar'.
  • Scenes of violence against women in Turkish TV series have become the subject of research. The results of the study conducted by KADEM revealed striking statistics regarding violence against women in these series. The research examined the 14 most popular series broadcast on television and digital platforms during the 2023-2024 season. A total of 3,013 scenes of violence against women were identified. The series with the highest number of scenes of violence against women per episode was "Kızıl Goncalar."
  • -6 minutes ago...


 
 
Top News