Nike Job Cuts And Data Breach Concerns Test Turnaround Story [Yahoo! Finance]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
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Source: Yahoo! Finance
Nike (NYSE:NKE) is cutting 775 jobs at its distribution centers in Tennessee and Mississippi as it increases automation across its supply chain. The workforce reduction comes while the company investigates a potential large scale data breach that may involve internal business systems and consumer information. Both developments are unfolding during a wider restructuring under new leadership as Nike pursues a turnaround plan. Nike is one of the largest global athletic footwear and apparel brands, with a heavy reliance on efficient logistics and digital sales channels. Automation in distribution can reshape cost structures and capital needs, while any confirmed data breach could have implications for customer trust, regulatory scrutiny, and future technology investment. For investors, the combination of workforce cuts and possible cybersecurity exposure highlights areas to monitor beyond headline demand for Nike products. How the company manages employee transitions, maintains o
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NKE
News
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- Federal agency says it's investigating Nike over alleged discrimination against White workers [CBS News]CBS News
NKE
Earnings
- 12/18/25 - Beat
NKE
Sec Filings
- 2/4/26 - Form 4
- 1/5/26 - Form 4
- 12/30/25 - Form 4
- NKE's page on the SEC website