The company slashed its sales forecast and said it plans to cut up to $2 billion in costs over three years. Slowing sales in China are a big reason why.
(Image credit: Julia Nikhinson/AP)
Nike will lay off workers as part of $2-billion cost-cutting plan
The company slashed its sales forecast and said it plans to cut up to $2 billion in costs over three years. Slowing sales in China are a big reason why.
(Image credit: Julia Nikhinson/AP)
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