Jobs

Nike to cut 700 jobs at its Oregon headquarters by 2021

Approximately 700 employees at Nike's world headquarters in Beaverton, Oregon will be impacted by its "permanent reduction of workforce" by Jan. 8, 2021, according to an updated WARN notice issued to the Oregon Higher Education Coordinating Commission's Office of Workforce Investments on Monday.

Jobless claims fall to 751,000, lowest level since March

The number of Americans applying for state unemployment benefits remained persistently high last week, indicating the pace of layoffs is still elevated as a resurgence in coronavirus cases threatens to derail the economy's recovery.