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Nike restructuring plan: World's largest footwear major announces job cuts, targets $2.5 billion savings

1 source · first seen 15:36 2 Oct · updated 15:36 2 Oct

The brief

Written from 1 report · check the source before you trade
  • Nike’s “Pace” restructuring will change its organisation, supply chain and global operating model
  • Nike targets $2.5 billion in savings; details of the plan remain undisclosed

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1 report · earliest 15:36
Business TodayNike restructuring plan: World's largest footwear major announces job cuts, targets $2.5 billion savings15:36