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Nike is cutting about 1,400 roles in its global operations division.
Nike is cutting about 1,400 roles in its global operations, mainly in technology.
KEY POINTS
- Venkatesh Alagirisamy, recently appointed COO, communicated the cuts and detailed upcoming organizational changes.
- These layoffs are part of Nike's 'win now' turnaround plan focusing on five strategic areas.
- This is Nike's second round of cuts in 2026, after previously eliminating 775 distribution center jobs.
- Nike's changes include modernizing manufacturing, reallocating resources, and reshaping the technology team.
COMPANIES
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