Nike Is Cutting 1,400 Corporate Jobs, Mostly in Technology
Bloomberg
Last updated: April 24, 2026
Nike Inc. is implementing a significant workforce reduction, eliminating approximately 1,400 positions. This measure represents less than 2% of its global workforce and is a key component of the company's strategic plan to revitalize its business performance. The layoffs are primarily concentrated within the technology sector.
- Key Facts: Nike Inc. announced job cuts affecting 1,400 employees.
- This reduction accounts for under 2% of Nike's total workforce.
- The primary aim of these layoffs is to accelerate Nike's turnaround strategy.
- The majority of affected roles are within the technology department.
- These cuts are part of broader cost-saving initiatives and efforts to streamline operations.
- The company aims to improve profitability and operational efficiency through this restructuring.
- Further details regarding the specific impact on geographical locations or other departments are not yet fully disclosed.
- This action signals Nike's commitment to adapting to market challenges and enhancing its competitive position.
- The company is refocusing its resources to support its strategic priorities.
- These measures are designed to ensure long-term growth and sustainability.
