While job cuts dominated headlines in the years following the post-pandemic spending boom, 2024 seemingly saw a slowdown in ...

David Calhoun Calhoun revealed in March that he had plans ... Nike and Elliott’s future successes." His tenure as CEO spanned more than 4.5 years. Hill came out of retirement to take over the ...

Nike announced its cost-cutting plans in ... of a strategy implemented by returning CEO Bob Iger. Intel plans to cut thousands of jobs in response to a second-quarter earnings slump, Bloomberg ...

who took over the top job at Nike in October. Hill laid out a number of new initiatives that are part of his plan to return Nike to growth, including a focus on key sports, cities, and countries ...

In his first two months on the job, Hill cut tech spending ... New tariffs could also complicate Nike’s recovery plans. It makes most of its footwear in Asia. The company would face higher ...

In his first two months on the job, Mr Hill cut tech spending ... tariffs on most imports into the US could complicate Nike’s recovery plans. It makes most of its footwear in Asia.

Hill took over the top job in October ... was weeks away from assuming the role. Nike's stock has slid as sales have declined and it has looked to cut costs over the past year.

Earlier this year it unveiled plans to cut 1,600 roles as it looks ... When making the announcement to staff about job cuts, Nike chief executive John Donahoe – who replaced its much-lauded ...

Elliott Hill, Nike Inc.’s new chief executive, said Thursday that he wants to turn the company around by making gear that’s more deeply informed by athletes’ input, after pushing streetwear ...

Clark will get her own signature basketball shoe within the next year or two. Nike plans to launch A'ja Wilson's debut hoop shoe later this Spring. From there, Clark will be the next WNBA player ...

Although Nike management was positive on new product innovation and pointed to signs of improvement in the back half of 2025, analysts said the turnaround plan will take time. “We should not ...