LIVE WIRE
Beatpost
THE TLDR EDITION
BUSINESSKOIN 6·12h ago

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

Photo · KOIN 6
AI TLDR · GEMINI

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.

SHARE THIS STORY

READ NEXT

More on the wire

community6h ago

AI TLDR

The Washington County Sheriff's Office is warning parents about a TikTok trend known as the 'door kick challenge,' which can result in property damage.

KGW
sports8h ago

AI TLDR

The Portland Trail Blazers fired their newly hired play-by-play announcer, Braiden Bell, after racist and misogynistic social media posts from his past resurfaced. The termination occurred just hours after the team had announced his hiring.

KOIN 6Also covered by: KGW
crime6h ago

AI TLDR

Fire officials are responding to a fire at a three-story building in the Sellwood-Moreland neighborhood of Southeast Portland.

KOIN 6

HEADS UP · COOKIES

We use anonymous analytics and (with your OK) session recordings to make Beatpost better. Read the details.