The latest news of interest to multifamily housing investors in Oregon and Washington.
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Wednesday, June 21, 2017
Nike to Eliminate 2% of its Global Workforce
Nike announced it will cut 2% of its global workforce of 70,000 employees - or about 1,400 people. The company has been losing some market share to Adidas and Under Armour (which also have major offices in the Portland area) and is restructuring. Read more.