Nike Restructuring And Converse Review Weighed Against Depressed Share Price
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Nike Restructuring And Converse Review Weighed Against Depressed Share Price
Nike, Inc. (NYSE:NKE) has launched a major restructuring initiative that includes broad workforce reductions across its U.S. operations and the Converse brand. The company expects about $300 million in pre tax charges tied to this effort, reflecting changes to its cost structure and organization. Nike is also exploring options for its Converse ...
2 months ago
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