Nike Layoffs 2024 Calendar. Nike has laid out a plan to cut up to $2 billion in costs over the next three years in a bid to “accelerate future growth while building a faster, more efficient”. Nike opened this morning at about $104.50, a market capitalization of $159 billion on 2023 revenue of $51.2 billion.
Nike, a leading athletic retailer, recently unveiled a strategic restructuring plan aimed at generating up to $2 billion in savings over the next. Layoffs are part of sneaker giant’s plan to shed $2 billion in costs over the next three years.