AssetID: 53477521
Headline: Nike to Lay Off 2% of Employees
Caption: On Feb. 15, Nike announced that it will cut over 1,500 jobs, CNBC reports. The company wants to redirect its capital to areas of growth, such as the Jordan brand.
Keywords: Nike,layoffs,job cuts,employees,restructuring,Jordan brand,growth areas,CEO John Donahoe,company performance,accountability,leadership team,growth plan,fiscal fourth quarter,cost cuts,restructuring plan,business news
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