Wonderly Plus subscribers can listen to Business Wars daily ad-free right now.

Join Wonderly Plus in the Wondery app or on Apple Podcasts.

If you or someone you care about has cancer,

Macmillan Cancer Support's online community is here to help from day one.

Macmillan's free online forum provides a safe space to get support from both experts and others who've been

there. Members support each other anonymously, sharing what's helped them on a range of subjects,

from dealing with side effects such as hair loss and fatigue, to money worries and managing work,

or talking with children about a diagnosis. There are different forums on cancer types or experiences,

opportunities to ask an expert, and blog posts.

Find support 24-7 from people who get what it's like to have cancer.

To join, search McMillan online community.

One, three.

The From Wondry, I'm David Brown, and this is Business Wars Daily on this Thursday, February 29th. Happy Leap Day, everybody. A sportswear giant has decided to take some of its employees out of the game.

Nike announced it would lay off around 1,700 people. That's about 2% of its workforce. It's an effort to cut costs, and according to a Nike statement, to, quote, get after our biggest growth opportunities,

end quote. The layoffs come on the heels of a

December announcement that Nike was looking to save up to $2 billion in the next three years. Why?

In short, consumer behavior is changing. Instead of making discretionary purchases like

expensive sneakers and sportswear, more and more folks are spending

money on the basics. Anything left over tends to go toward experiences like concerts and travel

instead of material goods according to CNN. That consumer behavior is putting a cramp,

you might say, in Nike's style. But it's not just customers that are making life tough for

the retailer. Competition for performance footwear has become fierce. Upstart brands that have been

...