Nike, after disclosing a rare money-losing quarter in June, announced layoffs that will eliminate at least 500 jobs at the company’s world headquarters in Oregon, according to reports.

Nike has filed documents with the state that show its recently announced layoffs will eliminate at least 500 jobs at the company’s world headquarters near Beaverton.

July 30, 2020 at 4:34 pm PDT. Nike informed the state of Oregon last week that it plans to lay off at least 500 employees at its Beaverton headquarters.

Nike (NKE) stock is down 45% from its highs heading into its Q3 FY24 earnings release on Thursday, March 21. Wall Street has dumped Nike for numerous reasons. But the footwear and apparel company ...

NIKE (NKE) is performing impressively, backed by the Consumer Direct Offense strategy, ... However, the S&P 500 index witnessed a decline of 5.8% in the past year.

Price, Technical Levels, and Valuation NKE has soared 750% in the last 15 years vs. the S&P 500’s 550%. The stock was crushing the benchmark until the last three years, down 28% vs. the index ...