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'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% ...

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 ...

TOKYO (Reuters) -Japan's Toshiba said on Thursday it will cut up to 4,000 jobs domestically as the industrial conglomerate ...

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 ...

TikTok is expected to make cuts to its global staff, in another blow for the popular social video app as it faces the threat of a new law that would ban its service in the U.S. if its Chinese ...

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 ...