Nike announced 1,400 job cuts in global operations on Thursday, as it focuses on modernizing tech and manufacturing as part of its turnaround plan.

View post: Walmart Sells a $370 Electric Mountain Bike That Gets Up to 60 Miles of Range on a Single Charge The Nike Tech Fleece Windrunner Full-Zip Jacket is marked down to as low as $95 while this ...

Forbes contributors publish independent expert analyses and insights. Tim Newcomb covers tennis gear/business, stadiums and shoe tech. Ever since Nike NKE introduced air-supported cushioning to its ...

Are technology CEOs about to cross-train in other industries? That question looms large after a series of CEO moves highlight how every company is held together by software, cloud and increasingly ...

To receive the Vogue Business newsletter, sign up here. Nike’s anticipated layoffs of an estimated 1,600 people, or 2 per cent of its workforce, have begun this week, with multiple senior leaders ...

Nike’s Tech collection rarely goes on sale, but right now, the best-selling Nike Tech woven jacket is 29% off. Known for its minimalist aesthetic and designed for movement, Nike Tech fleece is ...

Pushes for efficiency and spending on AI continue to be the through line for many of the large companies laying off workers this month.