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Nike to lay off 740 employees at Oregon headquarters

Nike to lay off 740 employees at Oregon headquarters April 19 (Reuters) - Nike NKE.N will lay off about 740 employees at its world headquarters in Oregon, a letter showed on Friday, as the top sportswear maker looks to rein in costs after warning of a revenue dip in the first half of fiscal 2025. The "second phase of impacts" would begin by June 28 at its headquarters, Michele Adams, Nike's vice president for people solutions, said in a legally mandated notice to state authorities.
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Approximately 740 Nike Employees Being Laid Off In Oregon Layoff Will Take Effect By June 28, 2024 - WARN Notice

BRIEF-Approximately 740 Nike Employees Being Laid Off In Oregon Layoff Will Take Effect By June 28, 2024 - WARN Notice April 19 (Reuters) - APPROXIMATELY 740 NIKE EMPLOYEES BEING LAID OFF IN OREGON; LAYOFF WILL TAKE EFFECT BY JUNE 28, 2024 - WARN NOTICE Further company coverage: NKE.N
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Nike Will Have Eliminated About 740 Jobs At Its Headquarters By Late June - Bloomberg News

BRIEF-Nike Will Have Eliminated About 740 Jobs At Its Headquarters By Late June - Bloomberg News April 19 (Reuters) - NIKE WILL HAVE ELIMINATED ABOUT 740 JOBS AT ITS HEADQUARTERS BY LATE JUNE - BLOOMBERG NEWS Source text: https://bloom.bg/4aZ3IBS Further company coverage: NKE.N
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In Olympics launch, Adidas seeks to broaden sport appeal

UPDATE 1-In Olympics launch, Adidas seeks to broaden sport appeal Adds details on Olympic teams By Helen Reid PARIS, April 18 (Reuters) - Adidas launched new shoes for 41 Olympic disciplines at an event in Paris on Thursday, alongside sponsored athletes including climbing gold medallist Janja Garnbret, as it uses the Games to hone its focus on sports rather than celebrities.
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In Olympics launch, Adidas seeks to broaden sport appeal

In Olympics launch, Adidas seeks to broaden sport appeal By Helen Reid PARIS, April 18 (Reuters) - Adidas launched new shoes for 41 Olympic disciplines at an event in Paris on Thursday, alongside sponsored athletes including climbing gold medallist Janja Garnbret, as it uses the Games to hone its focus on sports rather than celebrities. From sprint spikes to footwear made for the newest Olympic sport of breakdancing, the shoes are black with a white three-stripe logo and yellow-orange highlights
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