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?
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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The Oregon Lottery offers several draw games for those aiming to win big. Here’s a look at Oct. 20, 2025, results for each game:
Winning Powerball numbers from Oct. 20 drawing
32-38-66-67-69, Powerball: 19, Power Play: 2
Check Powerball payouts and previous drawings here.
Winning Pick 4 numbers from Oct. 20 drawing
1PM: 7-5-0-0
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4PM: 0-7-8-8
7PM: 5-6-7-4
10PM: 4-0-7-5
Check Pick 4 payouts and previous drawings here.
Winning Win for Life numbers from Oct. 20 drawing
04-18-37-63
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Check Win for Life payouts and previous drawings here.
Winning Megabucks numbers from Oct. 20 drawing
06-07-31-33-46-48
Check Megabucks 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.
Winning lottery numbers are sponsored by Jackpocket, the official digital lottery courier of the USA TODAY Network.
Where can you buy lottery tickets?
Tickets can be purchased in person at gas stations, convenience stores and grocery stores. Some airport terminals may also sell lottery tickets.
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You can also order tickets online through Jackpocket, the official digital lottery courier of the USA TODAY Network, in these U.S. states and territories: Arizona, Arkansas, Colorado, Idaho, Maine, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New York, Ohio, Oregon, Puerto Rico, Washington D.C., and West Virginia. The Jackpocket app allows you to pick your lottery game and numbers, place your order, see your ticket and collect your winnings all using your phone or home computer.
Jackpocket is the official digital lottery courier of the USA TODAY Network. Gannett may earn revenue for audience referrals to Jackpocket services. GAMBLING PROBLEM? CALL 1-800-GAMBLER, Call 877-8-HOPENY/text HOPENY (467369) (NY). 18+ (19+ in NE, 21+ in AZ). Physically present where Jackpocket operates. Jackpocket is not affiliated with any State Lottery. Eligibility Restrictions apply. Void where prohibited. Terms: jackpocket.com/tos.
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.
Former Oregon Ducks tight end Terrance Ferguson got in the end zone for the first time in his young NFL career. The Los Angeles Rams rookie hauled in a 31-yard touchdown pass from Rams quarterback Matthew Stafford in their 35-7 win over the Jacksonville Jaguars in London.
Jun 3, 2025; Woodland Hills, CA, USA; Los Angeles Rams tight end Terrance Ferguson (18) during organized team activities at Rams Practice Facility. Mandatory Credit: Kirby Lee-Imagn Images / Kirby Lee-Imagn Images
The Los Angeles Rams selected tight end Terrance Ferguson in the second round of the 2025 NFL Draft. Ferguson has not been involved too much in the passing game so far this season, but had his biggest reception in the Rams win over the Jaguars.
On a 4th down and 1 in the fourth quarter, Stafford went play-action and then reared back and delivered a perfect ball to a streaking Ferguson to bump the Rams lead up to 27-0. It was just second reception of the season for Ferguson, who now has two receptions for 52 yards and a touchdown. Check out the touchdown grab below.
It was a complete domination from the Rams, who stayed the whole week in Baltimore before flying across the pond to London the day before the game. The Rams were down star wide receiver Puka Nacua and that opened the door for other weapons to make plays, like Ferguson.
MORE: AP Top 25 Poll Chaos After Ranked Upsets For Miami, Ole Miss, Texas Tech
MORE: Biggest Winners, Losers From Oregon’s Resounding Win Against Rutgers
MORE: Oregon’s Dan Lanning Gives Positive Injury Update on Kenyon Sadiq After Rutgers Win
Jan 1, 2025; Pasadena, CA, USA; Ohio State Buckeyes safety Sonny Styles (6) tackles Oregon Ducks tight end Terrance Ferguson (3) on a third quarter pass play at Rose Bowl Stadium. Mandatory Credit: Robert Hanashiro-Imagn Images / Robert Hanashiro-Imagn Images
Before being drafted by the Rams, Ferguson played his college football with the Oregon Ducks from 2021 through 2024. In his four years in Eugene, he totaled 1,537 receiving yards and 16 touchdown receptions.
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Despite Oregon’s coach changing from Mario Cristobal to Dan Lanning after Ferguson’s freshman year, he stayed with the Ducks even when many players have decided to leave with a new coach coming in.
Ferguson’s receiving yards went up each season with Oregon, boosting his draft stock and eventually landing him as a third round pick. Is he helping pave the way for success for future Oregon Ducks tight ends?
Oct 18, 2025; Piscataway, New Jersey, USA; Oregon Ducks tight end Kenyon Sadiq (18) gains yards after catch during the first half against the Rutgers Scarlet Knights at SHI Stadium. Mandatory Credit: Vincent Carchietta-Imagn Images / Vincent Carchietta-Imagn Images
Oregon’s top tight end in 2025 is Kenyon Sadiq. Sadiq is in his third season with Oregon and it has been his best year to this point. He has 21 receptions for 305 yards and five touchdown receptions.
Sadiq was one of the players of the game for Oregon in their last outing against the Rutgers Scarlet Knights. The Ducks went on the road and dominated from start to finish in their 56-10 win. Sadiq had a game high 80 receiving yards on four receptions and two touchdowns.
This was an important win for Oregon, who bounced back from their home defeat to the Indiana Hooisers. The Ducks are now ranked No. 6 in the country in the updated AP Top 25 poll. They are 6-1 this season. Up next is the Wisconsin Badgers at Autzen Stadium on Saturday, Oct. 25.
Rutgers wide receiver Kj Duff (8) makes a nice play to prevent Oregon Ducks defensive back Ify Obidegwu (7) from intercepting a Rutgers pass during the first quarter, Saturday, Oct, 18, 2025 in Piscataway, N.J.Andrew Mills | NJ Advance Media for NJ.com
EUGENE — Oregon moved in the polls after it ravaged Rutgers.
The Ducks are No. 6 with 1,317 points in the AP poll and No. 6 with 1,302 points in the coaches poll following their 56-10 win over the Scarlet Knights at SHI Stadium.
That’s up from No. 8 with 1,175 points and No. 9 with 1,154 points, respectively, last week.
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