Nike will lay off about 2% of its employees, or close to 1,700 people, as the sportswear behemoth looks to cut as much as $2 billion in costs. 24/7 Live San Francisco East Bay South Bay Peninsula ...

Nike on Thursday reported bruising quarterly earnings and raised the possibility of more layoffs, but first-year CEO Elliott Hill said in an email to employees the company is making “significant ...

Nike CEO Elliott Hill addresses poor earnings, forecasts recovery, and discusses potential layoffs, tariff impacts, and executive reshuffling.

More Oregonians are filing for longer periods of unemployment benefits this year compared to the last. The state has seen a 17% increase in continued unemployment claims, data from the Oregon ...

The layoffs come as CEO Elliott Hill approaches his first annual earnings report as chief executive. Ex-Nike exec named CEO of footwear brand Indonesian workers bring their Nike wage battle to ...