{"id":5171,"date":"2009-02-11T07:36:52","date_gmt":"2009-02-11T15:36:52","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=5171"},"modified":"2009-02-11T07:39:20","modified_gmt":"2009-02-11T15:39:20","slug":"nike-up-in-the-cuts","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=5171","title":{"rendered":"Nike Up In The Cuts"},"content":{"rendered":"<p><a href=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/02\/nike-logo.jpg\" onclick=\"window.open('http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/02\/nike-logo.jpg','popup','width=394,height=242,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/02\/nike-logo-tm.jpg\" height=\"61\" width=\"100\" border=\"1\" align=\"right\" hspace=\"4\" vspace=\"4\" alt=\"Nike Logo\" \/><\/a><strong>Nike<\/strong> plans to eliminate 4 percent of their 35,000 person work force (about 1,400 jobs) according to a story on <strong><a href=\"http:\/\/www.oregonlive.com\/news\/oregonian\/index.ssf?\/base\/news\/1234322708313270.xml&amp;coll=7\" target=\"_blank\">Oregonlive.com<\/a><\/strong>.<\/p>\n<blockquote><p>The decision to reduce our work force is a difficult one, but it will put our business in the strongest position possible to continue to deliver long-term profitability and growth,&#8221; President and CEO <strong>Mark Parker<\/strong> said in a statement. . . . The layoffs would be Nike&#8217;s first since 1998 and 1999, when the company cut about 2,500 positions &#8212; but not the first belt-tightening measure of this recession. Late last year, Nike executives instituted a hiring freeze, reined in travel spending and said they would slow their plans for opening new stores in 2009.<\/p><\/blockquote>\n<p>At least Nike is giving some numbers and speaking up about the layoffs unlike some <strong><a href=\"http:\/\/business.transworld.net\/2009\/02\/09\/sole-tech-stays-positive-despite-layoffs\/\" target=\"_blank\">action sports footwear companies<\/a><\/strong> we know.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.oregonlive.com\/news\/oregonian\/index.ssf?\/base\/news\/1234322708313270.xml&amp;coll=7\" target=\"_blank\">OregonLive.com<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nike plans to eliminate 4 percent of their 35,000 person work force (about 1,400 jobs) according to a story on Oregonlive.com. The decision to reduce our work force is a difficult one, but it will put our business in the strongest position possible to continue to deliver long-term profitability and growth,&#8221; President and CEO Mark [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,3,4,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/5171"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5171"}],"version-history":[{"count":2,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/5171\/revisions"}],"predecessor-version":[{"id":5173,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/5171\/revisions\/5173"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5171"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}