Nike Is Laying Off 740 Employees at Oregon Headquarters

Nike will be laying off 740 employees at its headquarters in Beaverton, Oregon. The news was revealed through a mandatory filing with Oregon's Office of Workforce Investments.The forthcoming job cuts mark the second wave of layoffs Nike has undergone this year. In February, CEO John Donahoe announced that Nike would be laying off 2% of its global workforce, around 1,600 employees.The additional 740 impacted won't include any employees working at its retail stores or on its manufacturing sites, t...