March 16, 1998 |
The world's biggest sports-shoe maker, Nike Inc., said it would cut about 450 jobs, or 3.5%, of its U.S. work force as well as unspecified numbers abroad. The layoffs are partly attributable to the financial crisis in Asia, where demand for Nike products has dropped sharply in recent months. Spokesman Lee Weinstein said the company, also facing declining demand at home, will cut about 250 jobs at its Beaverton, Ore., headquarters and 200 in other parts of the country.
December 11, 1993
L.A. Gear Lays Off Workers: The sneaker and apparel company let go an undisclosed number of employees this week in what was described as a realignment and consolidation. L.A. Gear would not specify how many people were laid off, but workers at its Santa Monica headquarters said about 70 were let go. The company employs about 600 at its headquarters, as well as another office in Marina del Rey and a warehouse in Ontario.
March 21, 1995 |
Faced with a slowdown in its athletic shoe business, Asics Tiger Corp. said it will move some of its warehouse operations from Fullerton to Memphis, Tenn. The company also confirmed that it has laid off about a dozen employees at its U.S. headquarters in Fountain Valley and that the general manager of that operation has resigned. The U.S.
June 1, 1995 |
Beleaguered sneaker maker Vans Inc. said Wednesday that it will close its plant here at the end of July, throwing about 1,000 employees out of work. Vans, one of the few companies still manufacturing shoes in the United States, linked the long-rumored move to increased competition from lower-cost foreign producers.