Nike Cuts 1,400 Jobs in Second Round of Layoffs This Year

Nike announced a new round of layoffs last week affecting approximately 1,400 employees across the organization, mostly concentrated in its technology

Nike announced a new round of layoffs last week affecting approximately 1,400 employees across the organization, mostly concentrated in its technology department. In a note from COO Venkatesh Alagirisamy, Nike said the layoffs were part of its broader “Win Now” turnaround strategy aiming to reshape its technology team, modernize its Air manufacturing, move some of […]