Home Business News Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop

Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop

Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop

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Published: October 2, 2026 04:27:10 IST

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By Danielle Kaye and Angela Christy M Oct 1 (Reuters) – Nike is deepening its restructuring under CEO Elliott Hill as its woes in China intensify, announcing a plan to cut more jobs and shake up its

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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