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Nike to cut 775 employees

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 · 2d · on MSN
Nike to cut 775 employees as it accelerates 'automation' at U.S. distribution centers
Nike is cutting 775 employees as the company looks to boost its bottom line and accelerate its use of "automation," CNBC has learned.

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 · 2d · on MSN
Nike plans to cut hundreds of jobs amid automation push
 · 2d · on MSN
Nike plans to cut 775 employees in a push to accelerate automation
 · 2d
Nike to Cut 775 Workers at U.S. Distribution Centers as Turnaround Plan Progresses
Nike NKE -0.08% is laying off about 775 workers as it ramps up its use of advanced technology and automation, part of its broad turnaround strategy.

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 · 2d
Nike Lays Off 775 Workers as It Boosts Use of Automation
 · 2d
Nike to lay off about 775 workers at distribution centers in Mississippi
8h

Nike vs. Lululemon: Which Stock to Buy for 2026?

Lululemon has a faster lane to recovery. Revenue rose 7% year over year last quarter, compared to Nike's 1% increase. Lululemon management noted that it sold excess inventory during the holiday season, putting it in a leaner position heading into the spring product refresh.
1d

Nike Just Abandoned the Strategy That Defined its Last 5 Years—and 775 Workers Are Paying the Price

As supply chain demands shift, the shoe giant is returning to wholesale partnerships and reducing its own distribution costs.
2h

No. 2 AZ Compass Prep, No. 4 Link Academy lead the way at the Nike EYBL Western Maryland Classic

The Nike EYBL Western Maryland Classic will feature a loaded field with top-ranked teams and prospects on hand for the weekend's premier boys basketball event.
17h

Best Consumer Stock to Buy Right Now: Nike or TJX Companies?

TJX Companies operates an off-price retail business under well-known brands like TJ Maxx, Marshalls, and HomeGoods. The company buys merchandise, which includes apparel, jewelry, beauty products, and home goods like furnishings, at attractive prices. It can execute this strategy, since manufacturers may have too much inventory of certain items.
7hon MSN

Lawsuit accuses Nike of hijacking millions in sneakers during LAPD raid

The owner of a high-end sneaker and streetwear resale business, Project Blitz, is taking on Nike and the LAPD in federal court.
4hon MSN

Nike claims its new shoes can alter your mind, here's what neuroscience actually says

According to the brand, targeted stimulation of the soles of the feet can activate neural pathways, sharpen sensory awareness, and help improve focus and concentration.
20h

Is Stephen Curry Signing $890 Million Deal With Nike? Fact-Checking Warriors Star’s Sneaker Contract

Stephen Curry warned, “Everybody should be alert, because I’m calling everybody. ” He wasn’t joking, as this came soon after his breakup with Under Armour.
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