Converse has reportedly begun laying off employees at its headquarters in Oregon. The job cuts are part of a broader cost-savings plan by its parent company, Nike. The layoffs are expected to impact over 700 employees as Nike trims its staff across various divisions to achieve cost savings.
#Nike's cost-cutting plan leads to job cuts at Converse, impacting over 700 employees at Oregon headquarter. https://t.co/qzYcb6nJUt
Converse to cut jobs as part of Nike's cost-savings plan https://t.co/IC0hUJ2waM https://t.co/ei1AZLZgQG
Converse is cutting jobs as part of parent Nike’s cost-savings plan https://t.co/7n56znpxeJ
Nike $NKE owned Converse is cutting some jobs as Nike trims its staff across divisions in search of cost savings - Bloomberg
$NKE | Converse Cuts Jobs As Part Of Parent Nike’s Cost-Savings Plan - @business https://t.co/lSysNln6Uv
Converse has reportedly begun laying off employees at its headquarters #MacroEdge