https://cdnph.upi.com/ph/st/th/3101777036764/2026/upi/838f3d7db4ee7fa4993a04918043b964/v1.5/Nike-announces-1400-job-cuts-as-sales-lag.jpg" /> Sportswear giant Nike announced it's cutting about 1,400 jobs in its operations division, mostly tech workers.
Sales lag, especially in China.