Nike is cutting about 1,700 jobs

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question		réponse
lay off Nike will lay off about 2% of its employees or close to 1,700 people, as the sportwear behemoth looks to cut as much as 2 billion dollars in costs. commencer à apprendre		(phrasal verb) = shed, trimming
behemoth as the sportwear behemoth looks to cut as much as 2 billion dollars in costs. commencer à apprendre		(noun) = titan
grateful we are grateful for the contributions made by all Nike teammates commencer à apprendre		(adj) tri ân
slash In December, Nike slashed its revenue forecast and announced cost cuts amid growing concerns that customers around the world are slowing their spending. commencer à apprendre		(verb) reduce something by large amount
pass up Customers are changing their behavior, passing up discretionary purchases of goods for basics and experiences such as concerts and travel. commencer à apprendre		(phrasal verb) to choose not to make use of a chance or opportunity
discretionary mua sắm tuỳ ý Customers are changing their behavior, passing up discretionary purchases of goods for basics and experiences such as concerts and travel. commencer à apprendre		(adj) tuỳ ý
upstart brands Nike is also facing tough competition from upstart brands like Hoka and On Cloud. commencer à apprendre		(noun) new brands nhãn hàng mới nổi
downbeat China, the world’s second-largest economy, is facing huge challenges, from downbeat consumers to a real-estate slump and weaker exports. commencer à apprendre		(adj) = gloomy or depressing
flatline Europe avoided a recession by the slimmest of margins in the last three months of 2023, with its economy flatlining commencer à apprendre		(verb) maintain at low level, cannot improve

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