Sportswear giant Nike has outlined plans to lay off 740 employees at its headquarters in Oregon, US, before the end of June, it has been reported. Nike has now informed state officials about the ...

Nike’s vice president of people solutions, wrote in the notice that the figure represented the total resulting from a “second phase of impacts” at its Beaverton, Ore., headquarters.

Nike CEO Elliott Hill told Fortune magazine Fever star Caitlin Clark visited headquarters this month to continue development ...