Nike to cut about 2% jobs to lower costs thefrontierpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thefrontierpost.com Daily Mail and Mail on Sunday newspapers.
Sneaker and athletic wear giant Nike (NKE) has announced plans to cut 2% of its global workforce, or more than 1,600 jobs, to lower expenses amid weak demand.
Nike previously warned that retailers are lowering their orders for its sneakers and athletic .
Nike Cuts 2% Of Global Workforce As Demand Weakens menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.