NIKE Lays Off Employees in Technology Division, Multiple Media Reports Say

MT Newswires Live
05-20

Nike (NKE) has laid off an unspecified number of employees in its technology division, multiple media outlets reported Monday.

Some of the affected work will be transitioned to third-party vendors, Reuters said, adding that the number of employees laid off or the total size of the tech division was not disclosed.

Nike did not immediately respond to MT Newswires' request for comment.

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