What Nike’s Latest Job Cuts Mean For Its Share Price in 2025
Thinking about what to do with your NIKE shares can feel a bit like deciding whether to hang onto those classic sneakers or trade up for something new. The last week certainly gave investors reason to look twice, with NIKE’s stock jumping 7.7%. However, if you take a broader view, that increase seems less impressive, as the stock is up only 0.4% over the past month and a modest 1.2% year to date. For long-term holders, the numbers are a bit disheartening, with a 7.2% decline over the past year and an even steeper slide of 38.5% over the last five years.
What is behind this seesaw ride? Recent headlines indicate that NIKE is in the middle of some major changes. The company just announced plans to cut under 1% of corporate jobs as part…
