Nike to lay off hundreds of distribution workers in Mississippi, Tennessee [Yahoo! Finance]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
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Source: Yahoo! Finance
The athletic apparel giant plans to cut 775 jobs, primarily at distribution centers in Tennessee and Mississippi, according to company statements and reporting by CNBC . The layoffs are focused on warehouse and fulfillment roles as Nike increases its use of advanced automation and streamlines its logistics footprint. The company has not disclosed how many total workers it employs at U.S. distribution centers. “To power our ‘Win Now' actions, we're taking steps to strengthen and streamline our operations so we can move faster, operate with greater discipline, and better serve athletes and consumers,” a Nike spokesperson said. “We are sharpening our supply chain footprint, accelerating the use of advanced technology and automation, and investing in the skills our teams need for the future” Nike operates a major distribution hub in the Memphis area, which serves as a primary supply chain operation for national shipping. The company employed up to 1,900 workers as of April 2020, ac
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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