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Nike announced it would lay off an additional 200 employees at Beaverton headquarters



Nike Vice President Kim Lupo wrote to Beaverton, Washington County and state officials: “As previously announced July 23, 2020, Nike Inc. will permanently cut the workforce at its world headquarters ”.

“As of January 8, 2021, approximately 700 employees will be affected by this permanent workforce cut.”

Despite the mismatch caused by the COVID-1

9 pandemic, Nike’s share price has risen sharply this year, closing today at $ 122 per share, up about 20% in 2020.




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