More Layoffs at Nike

LAYOFFS/FURLOUGHS
1

https://www.cnn.com/2024/02/16/business/nike-layoffs-2-percent-of-workforce/index.html

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2

Reebok had another layoff a couple of weeks ago. It was much smaller numbers, but they are a smaller company.

3

Reebok is part of SPARC and there were 300 laid off total from all the SPARC brands. :confused:

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4

Yeah, so sad. It used to be such a great brand. Iā€™m afraid that sparc may be just pulling out what cash they can before dissolving it.

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