Nike (NKE) has initiated layoffs within its technology division as part of a strategic reprioritization. The company confirmed that a portion of this work will now be handled by third-party ...

Nike will shift some of that work to third-party vendors, the representative said in an email, adding that the changes were announced last week. It is not immediately clear how many people work in ...

Layoffs in the U.S. have hit their highest levels since the COVID-19 pandemic, driven by government cuts, restructuring and ...

A major Nike rival will axe 150 workers — and it may replace them with AI. Lululemon, the Canada-based athleisure brand known for its buttery-soft leggings and sweat-wicking men's shirts and ...

The technology business of NIKE, Inc. (NYSE:NKE) has laid off employees as part of a larger restructuring that aims to refocus objectives and streamline operations.

If you read the typical 2025 mass layoff notice from a tech industry CEO, you might think that artificial intelligence cost ...