The recent layoff update from Intel solidifies the organization’s withdrawal from the automotive sector to better focus on core operations.

FILE - This Aug. 8, 2017 file photo shows the Nike logo at a store in Miami Beach, Fla. Alan Diaz / AP Major layoffs at two of Oregon’s biggest employers are raising concerns for the state’s ...

Nike has reportedly initiated workforce reductions at its European headquarters in Hilversum, Netherlands, as part of a global cost-saving strategy to trim $2 billion. The company is cutting ...

NIKE has cut staff in its European headquarters as part of a multiyear cost-cutting plan at the world’s largest sportswear company, according to sources familiar with the matter. The Nike campus in ...

So far, the cuts have affected roughly 750 employees across departments at Nike headquarters in Beaverton, Oregon. Converse, a Nike subsidiary that operates out of Boston, was also impacted by the ...

Layoffs have hit its Oregon headquarters across two rounds, with the process expected to conclude by the end of its fiscal year, according to an internal memo reviewed by Bloomberg News.

The layoffs have affected its Oregon headquarters in two phases and are expected to be completed by the end of its fiscal year, reported Bloomberg. Converse, based in Boston, handles its own ...

The impending layoff wave, first reported by Reuters and Oregon Public Broadcasting on Friday, is part of Nike’s broader strategy to downsize its workforce by 2%, a goal announced in February.

BEAVERTON, Ore. — Nike plans to lay off 740 employees at its world headquarters in Beaverton by June 28, according to a notice the footwear and apparel giant sent to state officials. The company ...