# Nike announced plans to lay off nearly 1,400 employees as part of an effort to streamline operations and improve efficiency.

*business · news · 2026-04-24 · NDTV Profit*

## Key points

- Nike will lay off nearly 1,400 employees, mainly in technology roles across global operations.
- The layoffs are part of a restructuring to consolidate technology around Beaverton and India's tech center.
- Nike projects a 2% to 4% sales decline this quarter, with China sales expected to drop 20%.
- Nike's Vomero 18 shoe generated $100 million in sales within three months of launch.

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

[Read the full story on NDTV Profit](https://www.ndtvprofit.com/business/sportswear-giant-nike-to-lay-off-1-400-employees-globally-in-fresh-push-to-streamline-operations-11404386)

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