# Nike, the world’s largest sportswear company, is trying to recover after missteps led to a prolonged sales slump.

*business · news · 2026-04-23 · The New York Times*

## Key points

- Nike is cutting about 1,400 jobs, primarily from its technology department in the operations division.
- Nike will centralize technology roles at its Oregon headquarters and Bengaluru, India tech center.
- Layoffs will impact staffing in Nike factories that manufacture the Air cushioning system.
- The reorganization merges supply chain staff for raw materials into footwear and apparel teams.

**Companies:** Nike
**Countries:** United States, India

[Read the full story on The New York Times](https://www.nytimes.com/2026/04/23/business/nike-layoffs-turnaround.html)

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