The overhaul is to boost competitiveness and reduce costs for the company which has the famous ‘swoosh’ logo and will include about 500 positions at Nike’s Beaverton, Oregon, headquarters, the company said on May 14.
Nike said it employs about 6,800 workers at its headquarters. The sports brand first said in February that a review of its sprawling worldwide operations would likely result in a 4% staff reduction, or about 1,400 jobs.
