SINGAPORE] In 2025, a growing number of corporations globally have announced job cuts, as macroeconomic pressures, ...

U.S.-based employers announced 47,999 job cuts in June, down 49% from May and down 2% from the same month last year, ...

US stock indexes are drifting higher on Wednesday, ahead of a highly anticipated report about how the US job market is ...

Nike discloses ‘second phase’ of job cuts at its headquarters amid cost-savings efforts More than 700 staff at Nike’s global headquarters in Oregon will have been laid off by June 28 ...

Net income also fell sharply, with Nike posting $794 million, a significant decrease from $1.17 billion in the year-ago quarter. Revenue for the quarter dropped 9 per cent to $11.3 billion.

Nike to slash 740 jobs at Oregon HQ amid forecasted revenue dip in fiscal 2025, as part of $2 billion cost-saving plan. "Second phase" job cuts at Nike's HQ set to begin by June 28; company ...

A major chain could be making hundreds of job cuts in the near future. Nike's technology department could see up to 500 roles affected by the changes, in an attempt to "simply its structure ...

Nike’s total carbon pollution has been declining since 2020, but it is still just 1.6% lower than when Parker challenged Nike to halve its footprint in 2016. The cuts to Nike’s sustainability ...

Nike Layoffs Statement. Here’s what the company had to say about the layoffs to KGW8: “Nike’s always at our best when we’re on the offense. The actions that we’re taking put us in the ...