New Delhi, April 24 -- Nike Inc. is eliminating 1,400 positions, representing under 2% of its global staff, as the athletic-wear giant manoeuvres to keep its recovery roadmap on course.
The reductions will primarily impact technical roles within Nike's international operations division, the firm announced Thursday.
Nike is refining its organisational framework and implementing sophisticated automation, Chief Operating Officer Venkatesh Alagirisamy noted in a memo to staff.
"Collectively, these changes will result in a reduction of approximately 1,400 roles in global operations, with the majority in technology," Alagirisamy wrote.
"These reductions are very hard for the teammates directly affected and for the teams around them, too," A...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.