Nike to cut about 1% of corporate staff amid turnaround effort, CNBC reports-February 2024-www.financetom.com

Nike to cut about 1% of corporate staff amid turnaround effort, CNBC reports

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Nike to cut about 1% of corporate staff amid turnaround effort, CNBC reports

Aug 28, 2025 9:52 AM

Aug 28 (Reuters) - Nike ( NKE ) is planning on cutting

about 1% of its corporate workforce as the footwear giant works

towards a turnaround under CEO Elliott Hill, CNBC reported on

Thursday, citing a company statement.

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