At the end of 2023, Nike announced a $2 billion cost-cutting and restructuring strategy that resulted in 740 layoffs at Nike world headquarters in Beaverton.
BEAVERTON, Ore. — This story comes from the Portland Business Journal, a KGW news partner. The full story is here.
Nike is laying off more of its technology-focused employees a month after it initially began laying off other tech workers.
First reported by the Oregonian, Nike said it has made “thoughtful changes focused on reducing layers and strengthening engineering capabilities.”
“We remain committed to investing in the areas that drive the most impact for Nike — including
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