Has Nike undermined its climate pledges with its latest ‘climate bloodbath’ layoffs?
![Has Nike undermined its climate pledges with its latest ‘climate bloodbath’ layoffs?](https://images.fastcompany.com/image/upload/w_1280,q_auto,f_auto,fl_lossy/wp-cms-2/2024/07/p-91154950-Nike-Pledged-to-Shrink-Its-Carbon-Footprint-It-Just-Slashed-the-Staff-Charged-With-Making-That-Happen-1.jpg)
Since December, Nike has lost about 30% of employees who worked primarily on sustainability initiatives.
Eight years ago, the world’s largest sports apparel brand made a bold commitment. Nike was embarking on what it called a moon shot: doubling its business while halving its impact on the warming planet.