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Stockreport

Nike to cut 1,400 jobs amid sales slowdown [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
The reductions, which represent slightly under 2% of its total headcount, will fall predominantly on technology functions spanning North America, Asia and Europe. Chief operating officer Venkatesh Alagirisamy indicated in the memo that the reductions will focus on global operations. The announcement follows the removal of 775 roles in January , a round focused on accelerating automation. Nike said the cuts aim to help bring together its supply chains for materials, footwear and apparel, while also centralising technology functions into two principal locations: its headquarters in Beaverton, Oregon, US; and the Nike India Technology Center. Nike had signalled the possibility of headcount changes in a March SEC filing. The company continues to face margin pressure as it relies on discounting to work through surplus stock while product launches have delivered mixed results. One exception has been the Vomero 18, which generated $100m in sales within three months of its introd [Read more]
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Stockreport

Nike to cut 1,400 jobs amid sales slowdown [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
The reductions, which represent slightly under 2% of its total headcount, will fall predominantly on technology functions spanning North America, Asia and Europe. Chief operating officer Venkatesh Alagirisamy indicated in the memo that the reductions will focus on global operations. The announcement follows the removal of 775 roles in January , a round focused on accelerating automation. Nike said the cuts aim to help bring together its supply chains for materials, footwear and apparel, while also centralising technology functions into two principal locations: its headquarters in Beaverton, Oregon, US; and the Nike India Technology Center. Nike had signalled the possibility of headcount changes in a March SEC filing. The company continues to face margin pressure as it relies on discounting to work through surplus stock while product launches have delivered mixed results. One exception has been the Vomero 18, which generated $100m in sales within three months of its introd [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS