Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Nike announces to cut 2% workforce (1,600 jobs) and aims $2bn savings in 3 years via cost-cutting measures.
Nike has announced plans to cut 2% of its workforce, or about 1,600 jobs, as part of a cost-cutting initiative.
The sportswear company aims to save $2 billion over the next three years through measures such as tightening product supply, improving the supply chain, reducing management layers, and increasing automation.
The layoffs are not expected to impact employees in stores, distribution centers, or the innovation team.
21 Articles
Nike anuncia un recorte del 2% de su fuerza laboral (1.600 puestos de trabajo) y aspira a ahorrar 2.000 millones de dólares en 3 años mediante medidas de reducción de costes.