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> Media PoolNike announces hundreds of layoffs in $2B cost-cutting plan
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Description
The company said it will cut 2% of its workforce as sales continue to slump. Roughly 1,600 people will lose their jobs.
Read more: https://www.kgw.com/article/money/business/nike-announces-lay-off-employee-layoffs/283-f26227f3-7beb-44f6-9bf4-9066213ae8bf
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