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Does Nike’s U.S. Job Cuts And Automation Push Reshape The Bull Case For NIKE (NKE)?
Nike recently announced it will cut about 775 jobs at its U.S. distribution centers in Tennessee and Mississippi as it consolidates facilities and increases automation to simplify its supply chain.
Beyond cost-cutting, the move highlights how Nike is reshaping its operational backbone, leaning more heavily on technology to support its long-term turnaround efforts.
We’ll now examine how this push toward greater automation and supply-chain simplification shapes Nike’s broader investment...