Nike Inc. plans to lay off around 775 people in an effort to make its warehouse and distribution network faster and more ...

The reductions will largely affect warehouse-based jobs at the sportswear group’s facilities in Tennessee and Mississippi.

Nike plans to eliminate 775 jobs, the company said Monday, with most of the cuts landing at distribution centers in Tennessee ...

Nike is preparing to eliminate hundreds of jobs across the United States as it continues to recalibrate its business amid slowing sales, rising competition, and a renewed focus on profitability.

Nike is laying off 775 employees, a source familiar with the matter told Reuters on Monday, as the sportswear giant looks to boost profits and accelerate its use of automation.