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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
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.
19h

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.
22h

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.
14h

Forget Nike’s Air Force 1! UGG has a hot new sneaker and you can actually get it on sale

UGG just dropped a surprise discount on its fan-favorite Lo Lowmel sneakers, and it's just might make you want to stomp around in these instead of Nike's Air Force 1s
1don MSN

Down More Than 50% in 3 Years, Is Now Finally the Time to Buy Nike Stock?

Nike's top-line performance stabilized in recent quarters. But some key segments are still moving in the wrong direction.
9hon 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.
20h

Brooks Koepka Stays Loyal to Discontinued Nike Club Despite Anxiety Over PGA Tour Return

Brooks Koepka is all set to make his comeback at the Farmers Insurance Open. However, the attention is not just on his swing, his form, or even his scorecard.
1don MSN

Closer look at Jalen Brunson’s new Nike Kobe 3 Low PE

Nike will plan to release another Jalen Brunson PE Kobe sneaker, this time in the form of an all-orange Nike Kobe 3 Low.
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