Nike laying off 490 workers this month

PORTLAND, Ore. (AP) - Nike officials say the company will lay off 490 Oregon workers by the end of the month. 

The Oregonian/OregonLive reports ( ) the layoffs are part of the 2 percent of the workforce Nike plans to eliminate worldwide. In July, the Nike laid off 255 Oregon workers, and plans to cut another 490 local jobs by Sept. 30 for a total of 745 jobs lost in the state.

News of the layoffs comes months after Nike announced a broad restructuring of the footwear manufacturing company. Nike is the largest company headquartered in Oregon near Beaverton. It employs 74,000 people worldwide.

By clicking Submit users are agreeing to follow the Terms of Service
comments powered by Disqus

Most Popular Stories