# US fashion and fitness brand’s Chief Operating Officer Venkatesh Alagirisamy has announced a large-scale overhaul of the entire global business.

*business · news · 2026-04-24 · Daily Express*

## Key points

- Nike is cutting approximately 1,400 roles globally, mainly in Technology within Global Operations.
- The restructuring includes relocating some Converse operations and moving manufacturing hubs worldwide.
- Layoffs follow 775 earlier job losses in January, primarily at U.S. distribution centers favoring automation.
- Nike's overhaul aims to simplify operations, increase automation, and build a more integrated business model.

**Companies:** Nike
**Countries:** United States, United Kingdom, Canada, Germany, China, Japan, India

[Read the full story on Daily Express](https://www.express.co.uk/news/world/2198085/nike-slashes-1400-jobs-three)

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