Categories: Business News

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

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…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: October 2, 2026 04:27:10 IST

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.)

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

Recent Posts

Comcast's NBCUniversal cuts streaming technology jobs

Oct 1 (Reuters) - Comcast's NBCUniversal is cutting jobs in its global streaming technology organization,…

October 2, 2026

Fed policymakers lean against October rate hike

By Michael S. Derby and Ann Saphir NEW YORK, Oct 1 (Reuters) - Two of…

October 2, 2026

Germany get first win under Klopp with 2-0 victory over Serbia

VIDEO SHOWS: POST MATCH PRESS CONFERENCE WITH GERMANY COACH JUERGEN KLOPP AND SERBIA COACH VELJKO…

October 2, 2026