A Nike store in Hanoi, Vietnam, on July 3, 2025. Nhac Nguyen | Afp | Getty Images Nike is planning another round of layoffs as part of CEO Elliott Hill’s efforts to realign the business and get it back to growth, CNBC has learned. The cuts will impact less than 1% of Nike’s corporate staff. It’s unclear how many jobs …
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PORTLAND, Ore. (KATU) — In a revised letter to state and local officials on Thursday, tech giant Intel Corporation said it will be laying off 2,392 employees in Oregon. On Monday, Intel said it had planned to lay off 529 employees. In its revised WARN letter the company said the lay offs will begin Tuesday, July 15 and “are expected …
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Intel’s mass layoffs amped up considerably Friday evening with word that the company plans to lay off nearly 2,400 Oregon workers — nearly five times as many as it had reported earlier in the week. The chipmaker has been firing workers all week as new CEO Lip-Bu Tan seeks to streamline Intel’s operations and reduce spending. He’s responding to a …
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