Nike announces new restructuring, layoffs. Stock dips to lowest level in 13 years

Business

Nike Announces New Restructuring, Layoffs. Stock Dips To Lowest Level In 13 Years

By OregonLive.com

Nike on Thursday announced a new restructuring plan and pending layoffs, part of a quarterly earnings report that sent its shares to their lowest level in 13 years in after-hours trading. The company’s stock, already down 45% for the year, fell more ...Read more

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