Nike is cutting jobs and forecasting sales declines as investor confidence in CEO Elliott Hill's turnaround effort weakens

BusinessOct 2 at 8:34 AM – Oct 2 at 12:14 PM5 outlets

Bloomberg

Nike’s Worsening Slump Forces CEO to Rethink Turnaround Oct 2 at 12:14 PM

BNN Bloomberg

Nike’s struggles test investor confidence in CEO Hill’s turnaround effort Opens in new window seen Oct 2 at 8:57 AM

Nike’s struggles test investor confidence in CEO Hill’s turnaround effort Oct 2 at 8:34 AM

Los Angeles Times

Nike plans job cuts and $2.5-billion overhaul as sales slump seen Oct 2 at 11:06 AM

The Globe and Mail

Nike’s challenges test investor confidence in CEO’s turnaround effort Oct 2 at 11:39 AM

Financial Post

Nike’s worsening slump forces CEO to rethink turnaround Oct 2 at 10:31 AM