NIKE, which in 2024 employed 6000 people in Memphis, says it will lay off 775 employees in their Tennessee and Mississippi distribution centers as the company works towards distribution consolodation. The company released this statement:
“To power our Win Now actions, we’re taking steps to strengthen and streamline our operations so we can move faster, operate with greater discipline, and better serve athletes and consumers. We are sharpening our supply chain footprint, accelerating the use of advanced technology and automation, and investing in the skills our teams need for the future. Our actions to consolidate our operations footprint primarily impact our US distribution operations. These actions are designed to reduce complexity, improve flexibility, and build a more responsive, resilient, responsible, and efficient operation and to support our path back to long-term, profitable growth, including contributing to improved EBIT margins over time.”
