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Nike Prepared To Cut Jobs As CEO Gets $45 Million Payday – MSN Money

Nike (NYSE: NKE) lost $790 million in the most recent quarter, due to the effects of COVID-19. It did what most retailers have done recently. It either cut or plans to cut jobs. Part of Nike’s comment on the program is that it wants to begin “building a flatt…

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Nike (NYSE: NKE) lost $790 million in the most recent quarter, due to the effects of COVID-19. It did what most retailers have done recently. It either cut or plans to cut jobs.
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