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A study by the Nike-founded Global Alliance for Workers and Communities found that 70% of Nike factory workers in Thailand rated their supervisors as good, and 72% thought their income was fair. In Vietnam, most workers "thought the factory was a 'good place to work' and planned to continue at least three years," and 85% of those polled felt ...
Nike is cutting 2% of its global workforce, or little over 1,600 jobs, as the athletic wear giant aims to cut costs and reinvest its savings into what it sees as big growth areas like sport ...
Keady publicly refused to support Nike and was forced to resign his position as soccer coach. [1] After resigning, Keady continued to research the conditions in Nike's Sweatshops. He traveled to Indonesia and for a month lived among the Nike factory workers, surviving on the $1.25 per day wage the workers earn. [2]
Nike established an independent department which aimed to improve workers’ livelihoods in 1996. It was renamed the Fair Labor Association in 1999, as a non-profit organisation which includes representatives from companies, human rights organizations, and labour unions to work on the monitoring and management of labour rights. [ 24 ]
"Just Pay It" is what sportswear giant Nike (NKE) said it would do on Monday after it agreed to give $1.5 million to a relief fund for 1,800 workers who lost their jobs when two of its suppliers ...
Nike said in a regulatory filing that Hill's compensation as president and CEO will include an annual base salary of $1.5 million. He will take over as CEO on Oct. 14. Analysts cheered the move.
Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [6] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
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