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Maroc Maroc - WN.COM - Business - 10/Feb 07:46

Layoffs expected at Nike’s Converse brand

Employees of Nike’s ailing Converse brand have been told to work from home this week ahead of a round of layoffs, according to a Bloomberg report. The struggling brand also is expected to be restructured, according to Bloomberg, which viewed a note sent to employees by Converse CEO Aaron Cain. Nike declined comment. It’s unclear how many jobs will be eliminated. Second-year CEO Elliott Hill has been...

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