Nike says it expects to eliminate 700 jobs at its Oregon headquarters near Beaverton by January as part of a broader restructuring announced over the summer.
The Oregonian/OregonLive reports the footwear and apparel company had previously estimated its Oregon layoffs at roughly 500.
The cutbacks announced Monday, in a brief legal filing with state workforce officials, appear to include that tally.
Nike did not immediately respond to a message seeking confirmation.
Nike’s layoffs, however, aren’t a response to the coronavirus pandemic downturn – its sales are strong.
Rather, Oregon’s largest company is changing strategies to emphasize online sales directly to consumers.
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