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.

Nike eyes 500 layoffs at Oregon HQ

Nike, after disclosing a rare money-losing quarter in June, announced layoffs that will eliminate at least 500 jobs at the company’s world headquarters in Oregon, according to reports.