As supply chain demands shift, the shoe giant is returning to wholesale partnerships and reducing its own distribution costs.
Nike's top-line performance stabilized in recent quarters. But some key segments are still moving in the wrong direction.
Nike Inc. is laying off 775 employees in U.S. distribution facilities as part of its automation push, following a trend in ...
BTIG's Robert Drbul said "Nike needs to create greater brand distinction, which is the path to a recovery in Greater China." ...
Nike announces job cuts for 2026 reducing headcount at its U.S.-based distribution centers, primarily in Tennessee and ...
Nike Inc. is laying off about 775 employees throughout Tennessee and Mississippi, company officials said Monday, Jan. 26.
By Neil J Kanatt and Nicholas P. Brown Jan 26 (Reuters) - Nike is laying off 775 employees, a source familiar with the matter ...
Nike is set to consolidate US distribution and eliminate jobs in Tennessee and Mississippi as it accelerates the use of ...
In a bid to enhance profitability and expedite the use of automation, Nike Inc. (NYSE: NKE) has reportedly decided to lay off ...
Oregon-based Nike is the latest large employer in the Memphis area to announce layoffs.
Nike is planning to cut nearly 800 jobs amid an automation push at the footwear and apparel giant's distribution centers.
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