Nike is facing a federal probe into allegations that it discriminated against white workers. The EEOC said Wednesday that it is investigating Nike's employment practices, including its DEI targets.
The Equal Employment Opportunity Commission said Wednesday it opened an investigation into Nike over allegations its diversity, equity and inclusion policies created a “pattern or practice of disparate treatment against white employees.”
NKE faces near-term revenue and margin pressure as it resets wholesale, betting that tighter distribution and performance focus can reignite growth.
The Equal Employment Opportunity Commission is investigating allegations that Nike's diversity, equity and inclusion objectives resulted in “a pattern or practice of disparate treatment against white employees.”
Zacks.com users have recently been watching Nike (NKE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Nike (NKE) reached $63.09 at the closing of the latest trading day, reflecting a -2.92% change compared to its last close.
NKE's turnaround faces pressure as China demand stays uneven and digital resets hit traffic, testing two growth engines that once powered the results.
America's most iconic shoe giant is starting 2026 by laying off workers. Nike has confirmed that it will lay off 775 employees in the United States.
Nike plans to cut 775 employees, primarily from its distribution centers in Tennessee and Mississippi, as it accelerates its use of automation at those centers, CNBC reported Monday (Jan. 26), citing unnamed sources.
Nike plans to cut 775 jobs at its distribution centers in Tennessee and Mississippi. The layoffs aim to streamline operations amid supply chain and tech enhancements.
Nike Inc. plans to lay off around 775 people in an effort to make its warehouse and distribution network faster and more automated.
Nike is planning to cut 775 jobs at distribution centers in Tennessee and Mississippi, amid the sportswear giant's push to boost efficiency and deploy automation.