Nike to layoff 740 Portland area workers

BEAVERTON, Ore. (KPTV) – Nike has announced the layoff 740 workers at its headquarters in Oregon, as part of a company restructuring plan.

On Friday, the company reported the layoffs to the state’s Office of Workforce Investments.

The filing is the start of a second wave of layoffs. The company previously let go a number of workers in February.

In February, CEO John Donahoe announced that Nike would layoff 2% of its total workforce, but didn’t provide specifics.

The layoffs in Oregon announced Friday do not affect retail stores or manufacturing facilities. Only workers at Nike’s campus in Beaverton will be affected.

Nike provided the following statement to KPTV on Friday:

“Nike’s always at our best when we’re on the offense. The actions that we’re taking put us in the position to right-size our organization to get after our biggest growth opportunities as interest in sport, health and wellness have never been stronger. While these changes will impact approximately 2% of our total workforce, we are grateful for the contributions made by all Nike teammates.”

Nike is one of the Pacific Northwest’s largest employers, with more than 15,500 employees in Oregon and Southwest Washington, and more than 83,000 employees worldwide.

Copyright 2024 KPTV-KPDX. All rights reserved.