Nike to lay off 740 workers at world headquarters in Oregon [Video]

BEAVERTON, Ore. — Nike plans to lay off 740 employees at its world headquarters in Beaverton by June 28, according to a notice the footwear and apparel giant sent to state officials.

The company has about 83,000 employees worldwide, including more than 11,000 at its Beaverton headquarters as of last spring, the Oregonian reported.

In February, Nike announced it would cut 2% of its global workforce in a restructuring, but did not indicate how many of the cuts would be local. At the time, Nike President and CEO John Donahoe said layoffs would start immediately with another phase to come. Between this round of layoffs and previous phases, a total of about 1,600 jobs will be impacted.

The company said in a statement that these moves will put …