Nike to relocate some Beaverton staff as part of $2.5B cost-cutting plan

Nike is relocating some Beaverton-based employees who serve the Asia Pacific and Greater China regions as part of a $2.5 billion cost-cutting initiative. The company stated the move is intended to bring staff closer to the markets they serve.
Some employees who serve the Asia Pacific and Greater China region will “move closer to the athletes and markets they serve,” Nike said.
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