Business

Nike CEO Warns of New Layoffs Next Year Amid Changing Operating Model

October 3, 2026

Nike CEO Elliott Hill has warned employees that more job cuts are on the horizon as the sportswear giant implements a sweeping overhaul of its operating model. In a memo released Thursday, Hill introduced a strategic plan called Pace, designed to streamline the company’s global structure and accelerate its Sport Offense strategy. While Hill acknowledged […]

Stock

AI still needs a human touch. Accenture is the latest proof consulting stocks can thrive.

October 3, 2026

When artificial intelligence first burst onto the scene as a transformative global force, investors were quick to predict the demise of several legacy industries. For a while, it seemed that consulting firms were doomed to be replaced by algorithms, leading to sharp and unforgiving losses in their stock prices. However, recent market movements suggest that […]