The layoffs, which amount to about 1% of Nike's overall workforce, are part of the company's efforts to strengthen and streamline operations.
Nike is laying off 775 employees in a bid to boost profits and accelerate its use of automation, CNBC reported on Monday, citing people familiar with the matter.
Nike is investigating a potential data breach after ransomware group World Leaks claimed on its website that it had leaked 1.4 terabytes of data related to the company's business operations, Reuters
Nike is cutting 775 employees, primarily at its U.S.-based distribution centers. The cuts primarily impact staff at distribution centers in Tennessee and Mississippi, people familiar with the matter s

Nike Stock Is Down, but Is It a Buy?

01:18pm, Monday, 26'th Jan 2026
Nike's valuation is now more inline with peers than in times past. The company isn't growing, and profits are down.
Investors interested in Shoes and Retail Apparel stocks are likely familiar with Adidas AG (ADDYY) and Nike (NKE). But which of these two stocks presents investors with the better value opportunity ri
Nike says it is investigating a potential data breach, after a group known for cyber attacks reportedly claimed to have leaked a trove of data related to its business operations.
Intact Investment Management Inc. boosted its position in NIKE, Inc. (NYSE: NKE) by 27.2% during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities

Best Stock to Buy Right Now: Sirius XM vs. Nike

12:15pm, Saturday, 24'th Jan 2026
Sirius XM has faced intense competition ever since internet-enabled streaming platforms entered the market. Nike is in the middle of a turnaround, but it still has the strongest brand in the industry.
Summary Addenda Capital Inc. reduced its stake in Nike Inc (NKE) by 0.1%, selling 234 shares and holding 241,308 shares valued at about $15,460,560 as

Will Nike Stock Ever Be a Winner Again?

08:00am, Thursday, 22'nd Jan 2026
Nike investors have been losing big for the past few years. Is this former champion becoming a permanent underdog?
Nike's stock is down over 50% in the past five years. Nike's business suffered when it began focusing on selling directly to consumers and not wholesalers.
BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE: NKE) today shared the following note with teammates regarding changes to its Senior Leadership Team: To: Lst-Global From: EHill Subject: Leadership
NKE and ADDYY show contrasting market share, strategies and earnings trends as the athleticwear industry enters a new phase.
NKE tests a sport-led innovation reset as uneven global demand persists, aiming to rebuild product credibility and revive growth.
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