Nike will cut 1,750 jobs, including 500 at Oregon headquarters
by Mike Rogoway, The Oregonian
Thursday May 14, 2009, 8:44 PM
Nike delivered Oregon's latest economic nastygram Thursday, announcing plans to lay off 1,750 employees worldwide, including 500 at its headquarters near Beaverton.
The shoe and apparel company has been planning a massive restructuring since February, but today's cutbacks -- 5 percent of the company's global work force -- are even larger than Nike had forecast last winter. Oregon will be especially hard hit, with more than 7 percent of the 6,800 workers at Nike headquarters losing their jobs.
(Read Full Article on OregonLive.com)
