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Nike’s Restructuring Means Layoffs, Geographic Changes

Wall Street is anxious for a Nike rebound. Nike says it’s going to take a while. The company announced Thursday it plans to restructure through 2031, trimming its size, reorganizing its geographies and updating its supply chain. These efforts are expected to result in $2.5 billion in cost savings over the next four years, including […]

We haven't written up this one. Sportico has the full story — the link below goes straight to it.

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