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Nike cutting jobs at European headquarters in the Netherlands -Bloomberg

Published by Uma Rajagopal

Posted on June 5, 2024

1 min read

· Last updated: January 30, 2026

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Nike job cuts at European headquarters in Hilversum, Netherlands - Global Banking & Finance Review
This image illustrates the Nike European headquarters in Hilversum, where the company is reportedly cutting jobs. The layoffs come as Nike seeks to reduce expenses amid declining shoe demand.
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Nike cutting jobs at European headquarters in the Netherlands -Bloomberg AMSTERDAM (Reuters) – Nike [NKE.N] is cutting jobs at its European headquarters in the Dutch city Hilversum, Bloomberg reported late on Tuesday. Nike did not immediately reply to an emailed request for comment. According to the sportswear giant’s website, more than 2,000 employees work at […]

Nike cutting jobs at European headquarters in the Netherlands -Bloomberg

AMSTERDAM (Reuters) – Nike [NKE.N] is cutting jobs at its European headquarters in the Dutch city Hilversum, Bloomberg reported late on Tuesday.

Nike did not immediately reply to an emailed request for comment.

According to the sportswear giant’s website, more than 2,000 employees work at its European headquarters. It is not clear how many people are affected by the reported cuts.

Earlier this year, Nike announced that it would cut about 2% of its total workforce, or more than 1,600 jobs, to lower expenses as demand for its shoes comes under pressure.

(Reporting by Charlotte Van Campenhout; editing by Jason Neely)

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