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Nike to axe over 1,600 jobs as it trims its expenses

Published by Josh White on 16th February 2024

(Sharecast News) - Sportswear giant Nike announced plans to reduce its workforce by about 2% overnight, equating to more than 1,600 jobs, as part of a cost-cutting initiative following a year of weaker profits.

URL: http://www.digitallook.com/dl/news/story/34094660/...

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