Nike plans to cut hundreds of jobs amid automation push [FOX Business Network]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.nike.com/home/default.aspx
Company Research
Source: FOX Business Network
Nike is planning to cut nearly 800 jobs amid an automation push at the footwear and apparel giant's distribution centers. The company is cutting 775 jobs that will primarily impact jobs at the retailer's distribution centers in Tennessee and Mississippi as the company looks to automate more of its supply chain. The news was first reported by CNBC , citing people familiar with the matter. "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 told FOX Business. "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. Our actions to consolidate our operations primarily impact our U.S. distribution operations," the company said. "These actions are designed to reduce complexity, improve flexibility, and build a more re
Show less
Read more
Impact Snapshot
Event Time:
NKE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NKE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NKE alerts
High impacting Nike, Inc. news events
Weekly update
A roundup of the hottest topics
NKE
News
- Does Nike (NKE) Still Justify Its Premium After Prolonged Share Price Weakness? [Yahoo! Finance]Yahoo! Finance
- A mind-altering shoe? Shop Nike Mind shoes before they all sell out [USA TODAY]USA TODAY
- Nike faces federal probe over allegations of 'DEI-related' discrimination against white workers [Yahoo! Finance]Yahoo! Finance
- US probes Nike over white worker discrimination claims [Yahoo! Finance]Yahoo! Finance
- 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