Oregon
Nike plans to lay off 740 employees at its Oregon headquarters before end of June
Nike plans to lay off 740 employees at its Oregon headquarters before June 28, the company has told state officials.
The company notified state and local officials about the workforce reduction at its Beaverton, Oregon headquarters in a notice mandated by the Worker Adjustment and Retraining Notification Act on Friday.
The sportswear giant “will be permanently reducing its workforce at its World Headquarters” in a “second phase of impacts” that would begin by June 28, wrote Nike vice president Michele Adams in the notice, first reported by Reuters and Oregon Public Broadcasting.
Two months ago, Nike CEO John Donahoe told employees in a memo of plans to reduce its workforce by about 2%, or more than 1,600 employees, The Wall Street Journal reported at the time. The company had about 83,700 employees as of May 31, 2023.
Celebrate 4/20: Get food deals at Wingstop, Popeyes, more. Or sip Snoop Dogg’s THC drinks
Nike layoffs are due to cost-cutting measures
The reductions are part of a three-year plan to cut $2 billion in costs Nike announced in December.
Nike is targeting cost reductions as it forecasts a “low single-digits” decline in revenue during the first half of its 2025 fiscal year – which begins June 1. “We are taking our product portfolio through a period of transition,” Nike chief financial officer Matt Friend said during the March 21, 2024 earnings call.
Nike shares rose nearly 2% this past week, but are down more than 11% so far this year and have fallen more than 23% over 12 months.
More Nike news: Olympic uniform flap and will Caitlin Clark get her own shoe?
Nike’s track and field Olympic uniforms cause controversy
Nike’s new track and field uniforms for the Paris 2024 Olympics are stirring controversy amongst critics and fellow athletes.
Earlier this week, Nike’s new 2024 Paris Olympic track and field uniforms were met with criticism for being too skimpy.
Meanwhile, Caitlin Clark, who on April 15 became the top pick in the WNBA draft, may be about to land a new eight-figure contract with Nike and get her own signature shoe, The Athletic reported.
Follow Mike Snider on X and Threads: @mikesnider & mikegsnider.
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PORTLAND Ore. (KPTV) – As we approach the hottest days of the year, people are finding ways to stay cool.
It’s been two weeks since Portland turned on splash pads across the city.
The water was just one of the ways people were keeping cool on Friday.
“Did you see our cooler? We have a bunch of water in there. More water, stay in the shade, I mean look at these trees, it makes you feel comfortable,” said Beaverton resident Ailan Roman.
Oregon Health Authority says young children and older adults are just a couple of groups of people that face a higher risk of heat related illness.
OHA says in addition to staying hydrated and lounging in the shade, wearing loose fitted, lightweight clothing can make a big difference.
Roman makes sure her, and her grand kids are protected using several different defenses.
“Sunscreen, we have to put that in order to protect our skin,” Roman said.
When temperatures rise, OHA officials recommend staying in air-conditioned buildings.
But for some Portlanders, that’s not always an option, so to cool down, they must get creative.
“We get cheap kiddy pools, and we just stick our feet in it, drink lots of water and beer and weight our feet in the pool and that’s how we stay cool,” said park goer, Jill.
And most Oregonians can agree, water in all its forms is the best way to beat the heat.“You have the water view and then you have the water fountain and I think it’s quiet, I don’t see no issues around,” said Roman.
The CDC shares how you can recognize heat related illnesses. While OHA shares how to avoid issues in the heat.
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Video shows rafting Oregon’s iconic Wallowa-Grande Ronde River
Learn about an overnight rafting trip on a famous 40 mile stretch that includes both the Wallowa and Grande Ronde rivers.
The beloved Cannon Beach Sandcastle Contest returns for a series of events from June 19 to June 21.
In 1964, this event was founded by four locals to lift community spirits after a tsunami washed out the Elk Creek Bridge. Now, the event draws thousands of tourists and is recognized as the first and oldest sandcastle contest in Oregon.
Registration for the contest is available online through the Cannon Beach events site.
To start off the weekend, contestants can pickup their competition materials from 10 a.m. to 7:30 p.m. on June 19.
The same day, Bill Rose will provide a live sandcastle demonstration on the beach off Second Street from 10 a.m. to 5 p.m. Then, the kickoff celebration will take place at Steidel Community Hall from 5 to 7:30 p.m.
Competition day starts 8:30 a.m. on June 20 when the beach opens for parking. During the time of the contest, parking is allowed in every public parking lot, on the beach and the sides of the street.
The contest will be on the beach west of Ocean Avenue near Madison Street.
The artists can begin crafting their masterpieces at 9 a.m. when the sandcastle building starts. Only natural materials native to the beach can be used.
Final judging takes place at 2 p.m. Judges are looking for team effort, enthusiasm, composition, detail, adherence to the rules and final appearance.
Spectators and competitors can celebrate from 7 to 10 p.m. with s’mores and music on the beach at the west end of Second Street. There is free admission for the party.
For those looking to get their steps in, the weekend wraps up with the Singing Sands 5K Fun Run at 9 a.m. June 21.
Registration for the run is on the beach at the Tolovana Wayside entrance at 8 a.m.
The Cannon Beach Chamber of Commerce and Information Center is available to answer any questions at 503-436-2623.
Makenzie Stamets is an outdoor intern at the Statesman Journal. She can be reached at mstamets@statesmanjournal.com or on X at @MakenzieStamets.
The Oregon Lottery offers several draw games for those aiming to win big.
Here’s a look at June 18, 2026, results for each game:
Winning Pick 4 numbers from June 18 drawing
1PM: 2-7-1-6
4PM: 4-7-3-2
7PM: 3-7-5-1
10PM: 2-1-7-7
Check Pick 4 payouts and previous drawings here.
Feeling lucky? Explore the latest lottery news & results
When are the Oregon Lottery drawings held?
- Powerball: 7:59 p.m. on Monday, Wednesday and Saturday.
- Mega Millions: 7:59 p.m. on Tuesday and Friday.
- Pick 4: 1 p.m., 4 p.m., 7 p.m. and 10 p.m. daily.
- Win for Life: 7:30 p.m. on Monday, Wednesday, and Saturday.
- Megabucks: 7:29 p.m. on Monday, Wednesday, and Saturday.
This results page was generated automatically using information from TinBu and a template written and reviewed by an Oregon editor. You can send feedback using this form.
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