Nike cuts jobs at its European headquarters as part of $2B cost-cutting plan - report

Jun. 05, 2024 2:14 AM ETNIKE, Inc. (NKE) StockBy: Arundhati Sarkar, SA News Editor
(1min)
Passing a Nike shop

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U.S. sportswear brand Nike (NYSE:NKE) has cut positions in its European headquarters as part of a multiyear cost-cutting plan, Bloomberg reported Wednesday, citing people familiar with the matter.

The Nike campus in the Netherlands, known internally as EHQ - is home to more

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