Nike to Cut 1,400 Jobs as Part of Its Turnaround Plan
Most of the layoffs will affect tech workers as the athletic giant tries to reverse a yearslong sales slump.
It’s the second round of cuts this year.
- Nike to lay off 1400, majority cuts to be in technology team; COO Venkatesh Alagirisamy says in memo: This is not a new … Times Of India —
- Nike confirms 1,400 job layoffs across UK, Europe, North America and Asia Birmingham Live —
- Nike will cut around 1,400 jobs in efficiency push RTE —
- Nike chopping over 1,000 jobs as struggling sneaker giant tries to rebound from sales slump NY Post —
- Nike to cut around 1,400 jobs as years-long sales slump continues The Globe and Mail —