Nike announced 1,400 job cuts in global operations on Thursday, as it focuses on modernizing tech and manufacturing as part of its turnaround plan.

Nike will lay off about 1,400 employees, mostly in technology and operations, as part of its "Win Now" turnaround plan to address slowing sales. The move comes alongside CEO Elliott Hill’s $1 million stock purchase, signaling confidence in the company ...

Nike announced on April 23 that it will lay off 1,400 employees as part of its ongoing turnaround effort, with most of the job cuts affecting technology roles within the company’s operations division.

Nike reported approximately 77,800 employees worldwide in May 2025, including retail and part-time workers. Alagirisamy said workers whose roles are affected would hear directly from their managers and HR partners beginning Thursday.

This marks Nike’s second round of layoffs in 2026, with the cuts expected to affect 1,400 workers, primarily in the technology division.

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