Converse, a well-known footwear brand, is set to reduce its workforce. This decision comes as part of Nikes comprehensive $2 ...
Converse is cutting roles as part of a general Nike Inc. business restructuring plan, the company confirmed to FN. In a statement, Converse said it “is realigning some of our teams and optimizing the ...
Nike is undergoing a $2 billion cost-cutting plan that includes slashing 2% of its workforce. Layoffs have hit its Oregon ...
Converse is cutting some jobs as parent company Nike Inc. trims its staff across divisions in search of cost savings. Paris 2024 Olympics - Nike Olympics Products Launch - Paris, France - April 11 ...
Nike (NYSE:NKE) – Converse, a Nike subsidiary, will cut jobs as part of its ongoing $2 billion cost reduction plan. Nike, affected by cautious consumer spending, will reduce product supply and ...
Nike's $2bn cost savings plan is said to include job cuts at Converse with an expert calling it a "sound strategy" for the ...
Converse's workforce changes are part of Nike's plan. Converse accounts for about 5% of Nike's total sales. Nike is implementing a $2 billion plan to reduce expenses, which includes eliminating 2% ...
May 15 (Reuters) - Companies in the United States and Canada have kicked off 2024 with thousands of job cuts across sectors, signaling that the spate of layoffs seen in 2023 could persist as they ...
The Ministry of Social Development's workforce is set to drop by more than 700, after a round of proposed cuts was announced on Thursday. It means there are now about 5000 public sector jobs already ...
Indeed to cut nearly 1,000 jobs, focusing on the US and restructuring R&D. CEO Chris Hyams assures no disproportionate impact on women, under-represented genders, or minorities. Cuts also affect ...
TOKYO (Reuters) -Japan's Toshiba said on Thursday it will cut up to 4,000 jobs domestically as the industrial conglomerate ...