Nike is also cutting hundreds of jobs in its billion-dollar savings program. Around two percent of the global workforce is set to leave, as the sporting goods giant confirmed to the financial service Bloomberg on Thursday (local time). According to the latest information from the end of May 2023, the US group had around 83,700 employees.
The reduction should not affect employees of Nike stores and distribution centers, the newspaper ‘Willamette Week’ previously reported, citing an email from Nike boss John Donahoe to the workforce. The group announced in December that it wanted to save around two billion US dollars in the coming years. Nike is in fierce competition with brands like Adidas and Puma – and in the USA, among others, consumers are spending less on them again after a boom in sporting goods during the corona pandemic. (dpa)