Nike Inc on June 26 warned of job cuts as the world's largest footwear maker ramps up efforts to sell directly to customers through its online and retail channels.
The planned layoffs come after the company on Thursday reported a $790 million quarterly net loss, its first in more the
Never short of wildly successful ideas, Jack Ma is the founder and CEO of Alibaba Group. It is a group of Internet-based businesses that retail in products and services all over the world. Jack overcame tremendous odds to build his e-commerce empire. He endured a poor upbringing in communist China.