Nike to lay off 1400, majority cuts to be in technology team; COO Venkatesh Alagirisamy says in memo: This is not a new …
Nike is laying off 1400 employees globally, primarily in its technology division, as part of its 'Win Now' plan to streamline operations and ensure long-term growth.
The company is modernizing its technology, manufacturing, and supply chain, consolidating key hubs and improving integration.
Affected employees will receive direct communication and support.
- 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 1,400 Jobs as Part of Its Turnaround Plan The New York Times —
- Nike to cut around 1,400 jobs as years-long sales slump continues The Globe and Mail —