Nike cuts 1,400 roles in second round of layoffs this year
The cuts are part of the company’s Win Now turnaround plan and affect less than 2% of Nike’s global headcount, officials said.
- On Thursday, Nike Inc. announced it will cut approximately 1,400 global operations roles, primarily in its technology department, as part of COO Venkatesh Alagirisamy's "Win Now" turnaround strategy.
- CEO Elliott Hill is leading a turnaround effort following a 35% drop in third-quarter net income reported in March, aiming to reverse slumping sales and achieve "long-term, profitable growth."
- Strategic changes include modernizing Air Manufacturing Innovation facilities in Beaverton, St. Louis, and Vietnam, while moving some Converse Footwear operations closer to factory partners and integrating materials supply chain work.
- Impacted employees will be notified beginning Thursday with clear information and support, as Alagirisamy stated, "Part of doing the right thing is being direct." The announcement follows 775 job cuts announced in January at distribution centers in Tennessee and Mississippi.
- Over the coming months, Nike will continue evolving global operations with "more speed, simplicity, and precision," marking the third major workforce reduction in less than a year as the company pursues its restructuring strategy.
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NEWS HEADLINES: Nike lays off nearly 1,400 in latest round of cuts – One America News Network
The iconic Nike swoosh design is displayed in a window of the athletic company’s new store on Broadway in Manhattan on April 24, 2026 in New York City. Nike announced Thursday that roughly 1,400 people across Nike’s Global Operations team will be laid off, representing just under 2% of the company’s global workforce. (Photo by Spencer Platt/Getty Images) OAN Staff Jenna Lee 4:57 PM – Friday, April 24, 2026 Nike announced that nearly 1,400 employ…
Nike announced the dismissal of 1,400 employees as part of a new plan, named "Win Now". Here affected areas and reasons
La Nación, Grupo Nación
diarioestrategia.clNike, the U.S. sportswear and footwear giant, announced a staffing adjustment that will affect about 1,400 jobs, almost 2% of its workforce, “most in the technology area,” as part of the “significant changes” that the company will implement in its global operations. “These changes will result in the reduction of approximately 1,400 positions in Global Operations, the majority in the technology area,” said Venkatesh Alagirisamy, executive vice pr…
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