**Nike** Nike to lay off 740 employees at Oregon headquarters – Cost-cutting measures in play!
Beaverton, Oregon – Nike is set to lay off 740 employees at its Oregon headquarters by June 28, following a notice sent to state officials. The sportswear giant informed the state and local authorities about the impending job cuts at its Beaverton headquarters, as required by the Worker Adjustment and Retraining Notification Act. This reduction in workforce is part of the company’s plan to streamline operations and adjust to market demands. The layoffs come as …