In it's 2025 annual report, Nike laid out its concerns over tariffs and revealed its highest paid member of the executive leadership team. And it isn't the CEO.

Nike’s second-largest production base is Indonesia, where its 45 contract factories employ more than 280,000 workers. The company has been moving production out of China over the last decade.

The layoffs come as CEO Elliott Hill approaches his first annual earnings report as chief executive to the company he began with as an intern. At the end of 2023, Nike announced a $2 billion cost ...

Indonesian Nike factory workers meet with Oregon labor commissioner, file wage complaint Updated: May. 30, 2025, 11:18 a.m. | Published: May. 30, 2025, 11:00 a.m.

Nike, in reporting its 2025 annual earnings, said that its profitability troubles will likely continue through the first half of next year.