/Nike Announces It Will Lay Off an Additional 200 Employees at Beaverton Headquarters – Willamette Week

Nike Announces It Will Lay Off an Additional 200 Employees at Beaverton Headquarters – Willamette Week


“As previously noticed in its July 23, 2020, correspondence, Nike Inc. will be permanently reducing its workforce at its world headquarters,” wrote Nike vice president Kim Lupo to Beaverton, Washington County and state officials.

“As of Jan. 8, 2021, approximately 700 employees will have been impacted by this permanent reduction in workforce.”

Despite dislocations caused by the COVID-19 pandemic, Nike’s stock price has flourished this year, closing today at about $122 a share, up about 20% in 2020.

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