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Nike Announces Cost-Cutting Measures: Renewed Uncertainty About Jobs in Ham
Summary by TVL - Dagelijks Nieuws Uit Limburg
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Are dark clouds once again hanging over Nike's distribution centers in Tessenderlo-Ham and Laakdal? It is a question occupying employees now that the American company is announcing global cost-cutting measures. Nike aims to save $2.5 billion by the 2031 fiscal year. Sales figures are disappointing, causing revenue to fall by 10 percent last year compared to the previous year. With a new restructuring plan, Nike aims to save $2.5 billion by 2031.…
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