- 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 cuts 1,400 more jobs in its second major round of layoffs this year The Independent —
- Nike to Lay Off 1,400 Workers in Latest Round of Layoffs Wall Street Journal —
- Nike Cutting 1,400 More Jobs. The Stock Is Rising. Barrons —
- Read Nike's memo announcing 1,400 job cuts, most in tech, as it reshapes operations Business Insider —
- Nike to cut around 1,400 jobs as years-long sales slump continues The Globe and Mail —
- Struggling Nike will cut around 1,400 jobs The Straits Times —
- Struggling Nike will cut around 1,400 jobs in efficiency push - Reuters Reuters —
Nike to lay off 1,400 staff
Nike is implementing its second major round of layoffs this year as it struggles to rebound from a prolonged sales slump.
The company aims to modernize its supply chain and consolidate key hubs to improve integration and reduce long-term costs.
Affected employees across the UK, Europe, North America, and Asia will receive direct support and communication.
Executives stated that these difficult decisions are necessary to ensure the brand remains competitive against rising rivals like Hoka and On.