Nike to Lay Off 1,400 Employees in Global Operations Restructuring
The job cuts, primarily affecting the technology division, are part of the company's 'Win Now' action plan to streamline operations.
Quick Look
- Nike is cutting approximately 1,400 roles across its global operations, with the technology division facing the largest impact.
- The move is part of a broader 'Win Now' strategy to simplify operations, improve efficiency, and support long-term profitable growth.
AI-generated summary
Nike is cutting approximately 1,400 roles across its global operations, with the technology division facing the largest impact. The move is part of a broader 'Win Now' strategy to simplify operations, improve efficiency, and support long-term profitable growth.