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The Oregon-based shoe company said in December it would lay off 2% of its workforce over three years. Converse layoffs are the latest casualties of Nike’s $2 billion do-or-die plan to get back ...
As part of Nike’s three-year cost-saving plan to bring it back from slumping sales and compete with a new wave of sneaker brands, the shoe giant is in the process of laying off up to 2% of its ...
That came amid a wave of other layoffs in the tech, media, and finance sectors. Donahoe's strong endorsement of coming into the office is the latest salvo in the debate over the future of work.
If you prefer to remain anonymous, you can contact us here. January 2024: 19,350 employees laid off — see all January 2024 Tech Layoffs. February 2024: 15,589 employees laid off — see all ...
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to ...
Team Sweat is "an international coalition of consumers, investors, and workers committed to ending the injustices in Nike’s sweatshops around the world" founded in 2000 by Jim Keady. While Keady was researching Nike at St. John’s University, the school signed a $3.5 million deal with Nike, forcing all athletes and coaches to endorse Nike.
December 2023. Spotify layoffs. Spotify is laying off 17 percent of its workforce, CEO Daniel Ek announced in a pre-holiday press release. New World Interactive. The developer behind the ...
Now, it's worth around $8 billion dollars, and bigger companies like Amazon and Nike are reportedly showing interest in acquiring the fitness equipment maker. While Peloton didn't say outright ...