Nike Layoffs Reach Its European Headquarters In The Netherlands

Nike Layoffs Reach Its European Headquarters In The Netherlands

(Bloomberg) -- Nike Inc. has cut staff in its European headquarters as part of a multiyear cost-cutting plan at the world’s largest sportswear company, according to people familiar with the matter.The Nike campus in the Netherlands — located in the city of Hilversum, just outside of Amsterdam, and known internally as EHQ — is home to more than 2,000 employees.Nike is laying off about 2% of its global workforce as part of a plan to slash $2 billi…