nike, a leading global apparel and footwear company, announced Tuesday that it is closing five stores and cutting 200 jobs.
The Bay Area’s largest online retailer, nike.com, will close its stores in Oakland, Berkeley, Hayward, San Francisco, and Santa Cruz.
The Oakland location will close in May 2019.
Bayside apparel brand, bayside.com will close at the end of the year.
Nike said it is also reducing the number of stores in San Jose and San Francisco by 1,500 and 1,200, respectively, by 2018.
The company said it has committed to expanding its global footprint and expanding its sales to more than 200 markets in the U.S. and Europe, as well as other regions, in the coming years.
The closures will affect about 1,000 employees, including employees who work on the production line and on the logistics team, the company said.
This news comes on the heels of a massive layoffs at the Nike headquarters in Beaverton, Oregon, which is expected to be announced later today.