# Nike cutting jobs at European headquarters in the Netherlands -Bloomberg
Published: 2024-06-05
Category: Headlines
Category URL: https://blockchaintribune.com/category/headlines/
Meta Title: Nike cuts jobs at European headquarters in Netherlands
Meta Description: Nike is reducing staff at its European HQ in Hilversum. More than 2,000 employees work there. Nike plans to cut 2% of its global workforce to reduce costs.
URL: https://blockchaintribune.com/nike-cutting-jobs-at-european-headquarters-in-the-netherlands-bloomberg/

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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](https://blockchaintribune.com/european-new-car-sales-down-in-july-august-acea/) headquarters in the Dutch city Hilversum, Bloomberg reported late on Tuesday.    [Nike](https://blockchaintribune.com/key-events-at-nike-under-ceo-john-donahoe/) 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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