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Nike plans to lay off 740 employees at its Oregon headquarters before end of June

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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.

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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.

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More Nike news: Olympic uniform flap and will Caitlin Clark get her own shoe?

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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.

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Follow Mike Snider on X and Threads: @mikesnider & mikegsnider.

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Texas ‘generational talent’ Booker scores 40 in March Madness rout of Oregon

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Texas ‘generational talent’ Booker scores 40 in March Madness rout of Oregon


AUSTIN, Texas — Oregon was simply helpless against Madison Booker.

Texas’ three-time All-American forward did anything she wanted as she scored a career-high 40 points in a rollicking 100-58 win over Oregon on Sunday that earned the No. 1-seeded Longhorns a trip to the Sweet 16 for the third consecutive year.

Drive for layups? Easy. Her go-to mid-range jumper? Breezy. Step out for 3-pointers? Swish.

Booker set a Texas school record for most points in an NCAA Tournament game.

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It’s still 10 points shy of the overall tournament record of 50 set by Drake’s Lorri Bauman in 1982. But give her time. She’s got at least one more game coming up in Fort Worth, and if the Longhorns are going to play for their first national championship in 40 years, she could get four more.

Booker carried the Longhorns to the Elite Eight as a freshman and to Final Four last season.

“She’s a generational talent,” Texas coach Vic Schaefer said.

Texas forward Madison Booker (35) drives to the basket against Oregon forward Ehis Etute (35) during the second half in the second round of the NCAA college basketball tournament, Sunday, March 22, 2026, in Austin, Texas. Credit: AP/Eric Gay

And an unselfish one. Schaefer often has to tell his star player to go get her shot instead of making the extra pass to a teammate.

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“I want her to hunt to go get a bucket,” Schaefer said.

That side of her is emerging now that it’s time to start collecting trophies.

Booker came in to the tournament averaging 18.9 points. She set her previous career high of 31 just a couple of weeks ago against Mississippi in the Southeastern Conference tournament, which Texas won.

The previous Texas tournament scoring record of 32 was set by Clarissa Davis in 1986 and Heather Schreiber in 2003. The 1986 team won the national title. The 2003 team made the Final Four.

“Coach Schaefer has pushed me into taking a big role, being aggressive on the offensive end,” Booker said.

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She was dominant from the start against Oregon, scoring 14 points in the first quarter. Bookers’ final stat line included 14-of-21 shooting, eight rebounds, five assists, two steals and no turnovers.

“I’ve never seen that. I’d like to see it again,” Texas senior guard Rori Harmon said. “I saw the look in her eyes when she came in. I saw something special coming today.”



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Dylan Raiola received blessing of Marcus Mariota to wear No. 8 jersey

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Dylan Raiola received blessing of Marcus Mariota to wear No. 8 jersey


When the Oregon Ducks’ spring football roster was officially released earlier this month, a lot of eyebrows raised at the fact that Nebraska Cornhuskers transfer quarterback Dylan Raiola was changing his number from No. 15 to No. 8.

While Raiola had often mimicked the stylings of Patrick Mahomes — who also wears No. 15 — throughout his career at Nebraska, the switch to No. 8 — famously worn by Oregon Heisman Trophy winner Marcus Mariota — was interesting, to say the least.

In a “Meet the Flock” video released by the football program on Saturday, giving a closer look at the QB room, Raiola opened up about the number change and revealed that he received permission from Mariota and Dillon Gabriel to wear the number at Oregon.

“The last two people to wear it, if you look at Dillon Gabriel and Marcus Mariota,” Raiola said. “So before I even thought about wearing it, I called Dillon, and I asked him. And then I actually asked him if I could have Marcus’ number, and I called Marcus. I was blessed with the opportunity to wear it.”

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While Raiola’s football journey has taken him all across the country, with stops in Texas, Arizona, Georgia, and Nebraska, it all started in Hawaii, where he was born and spent the early years of his life. During that time, Mariota’s legend grew in Eugene and Hawaii, as he became the first Duck and the first Hawaiian-born player to win the Heisman.

“I’m from Hawaii. I lived there for about nine or 10 years, so I call that home, and I always go back there and visit,” Raiola said.

Whether or not the number change means that Raiola is going to start trying to play in a similar fashion as Mariota did is yet to be seen, but Oregon fans everywhere would be thrilled to see him have similar success down the road.

Contact/Follow @Ducks_Wire on X (formerly Twitter) and like our page on Facebook to follow ongoing coverage of Oregon Ducks news, notes, and opinions.  



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Texas vs Oregon predictions, picks, odds for NCAA Tournament Second Round

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Texas vs Oregon predictions, picks, odds for NCAA Tournament Second Round


The Second Round of the women’s 2026 NCAA Tournament continues Sunday with a slate featuring No. 1 Texas vs. No. 8 Oregon on the eight-game schedule.

Here is the latest on Sunday’s March Madness matchup, including expert picks from reporters across the USA TODAY Sports Network.

USA TODAY Sports has a team of journalists covering the women’s NCAA Tournament to keep you up to date with every point scored, rebound grabbed and game won in the 68-team tournament.

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No. 1 Texas vs No. 8 Oregon prediction

  • Heather Burns: Texas
  • Mitchell Northam: Texas
  • Nancy Armour: Texas
  • Cydney Henderson: Texas
  • Meghan Hall: Texas

No. 1 Texas vs No. 8 Oregon odds

  • Opening Moneyline: Texas (-100000)
  • Opening Spread: Texas (-26.5)
  • Opening Total: 136.5

How to Watch Texas vs Oregon on Sunday

No. 1 Texas takes on No. 8 Oregon at Moody Center in Austin on March 22 at 6:00 p.m. (ET). The game is airing on ESPN.

Stream March Madness on Fubo

2026 Women’s NCAA Tournament full schedule

  • March 18-19: First Four
  • March 20-21: First Round
  • March 22-23: Second Round
  • March 27-28: Sweet 16
  • March 29-30: Elite 8
  • April 3: Final Four
  • April 5: National Championship



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