The Economic Times

More layoff pain: Nike, airBaltic and Microsoft's Hellblade studio announce major job cuts

Nike is planning to implement further job cuts as part of its restructuring programme, which began in March. Meanwhile, developers at Hellblade studio Ninja Theory have reported layoffs, affecting several members of the team. European airline airBaltic is also considering cutting between 500 and 700 jobs, with decisions expected to be finalized soon. These changes are causing uncertainty among employees and may impact ongoing projects significantly.