{
  "$type": "site.standard.document",
  "bskyPostRef": {
    "cid": "bafyreib7lq5m7zqja6zqohcqdf4srvux3ek3iwd6rc3ediulitxdgo3ro4",
    "uri": "at://did:plc:taiwp3avlucxmcvhjf2bvu3v/app.bsky.feed.post/3mgfobjfek3r2"
  },
  "coverImage": {
    "$type": "blob",
    "ref": {
      "$link": "bafkreigt22pas7rkabadhhhqviupq2vjzdzkekvyoms6l3gutdvqm5ejcy"
    },
    "mimeType": "image/jpeg",
    "size": 397770
  },
  "path": "/business/2026/03/nike-to-record-300-million-cost-cutting-charge-hints-at-more-company-turmoil.html",
  "publishedAt": "2026-03-06T15:32:41.000Z",
  "site": "https://www.oregonlive.com",
  "textContent": "The company said the charge is mostly severance costs. Nike laid off workers in its distribution centers and at its Converse brand in recent months.",
  "title": "Nike to record $300 million cost-cutting charge, hints at more company turmoil"
}