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Viewing post by MICROMAN

MICROMAN 5 months ago bearish

Nike prepares layoffs of 1% of entire corporate staff in efforts to "refocus the business".

CEO Elliott Hill wants to get the company "back into growth", and apparently the way to do that is to fire 1% of the staff, or about 800 employees.

https://www.cnbc.com/2025/08/28/nike-to-lay...

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