business / news / / Newsmax
The reductions will mainly affect North America, Asia and Europe.
Nike is cutting about 1,400 jobs from its global operations team.
KEY POINTS
- The job cuts represent less than 2% of Nike’s total global workforce.
- Reductions will primarily impact operations in North America, Asia, and Europe.
- Nike aims to improve profits and regain market share with this move.
COMPANIES
Summarized by Newsio from Newsmax. How we summarize →