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Why Belgian Nike employees fear redundancies - RetailDetail EU

Summary by retaildetail.eu
Nike‘s 5,000 Belgian employees fear that the sportswear brand will announce redundancies next week. Being left behind by competitors, CEO Elliott Hill has announced two billion dollars in cost cuts. New cost cuts Near Antwerp, Nike’s European Logistics Campus takes care of distribution to all of Europe, the Middle East and even Africa. However, its 5,000 employees now fear a reorganisation will be announced next Thursday, as the American sportsw…
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retaildetail.eu broke the news in on Friday, May 30, 2025.
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