MINUTES
About Minutes
Back to latest

EconomyNike plans more job cuts and geographic changes after quarterly sales miss

Nike announced plans to overhaul its operating model and reduce its workforce further as CEO Elliott Hill deepens the company’s turnaround. The struggling sportswear giant missed analysts’ quarterly revenue expectations.

Nikejob cutsrestructuring

RReuters★★★☆☆2026-10-01 21:05Original

Nike plans more job cuts and geographic changes after quarterly sales miss
Nike plans more job cuts and geographic changes after quarterly sales missEconomy