Business: Nike announced 1,400 job cuts, primarily in its tech division, as part of a restructuring of its operations.

Apr 23, 2026 - 19:35

0 0

Business: Nike announced 1,400 job cuts, primarily in its tech division, as part of a restructuring of its operations.

🚨 Nike is cutting around 1,400 jobs in its global operations team, mainly in tech, as part of its ongoing "Win Now" turnaround plan. COO Venkatesh Alagirisamy shared the news in a memo, citing the need for modernization and efficiency. Stay tuned for more updates! 🏃‍♂️ #Nike #JobCuts #BusinessNews

What's Your Reaction?

Like 0

Dislike 0

Love 0

Funny 0

Angry 0

Sad 0

Wow 0

Related Posts

Markets priced in a 71% chance of a Federal Reserve rate hike at the Oct. 27-28 meeting after Governor Michael Barr said more policy tightening may be needed and S&P Global reported hotter inflation pressures.

Markets priced in a 71% chance of a Federal Reserve rat...

Sep 23, 2026 0 0

McDonald’s said it will spend up to $8.5 billion through 2036 to support restaurant upgrades, training and franchisee investments, while targeting operating margins in the low-to-mid 50% range by 2030.

McDonald’s said it will spend up to $8.5 billion throug...

Sep 23, 2026 0 0

A Pew Research Center poll found half of rural Americans now say data centers are mostly bad for the environment, up from 32% in January, and 46% say they would drive up home energy costs.

A Pew Research Center poll found half of rural American...

Sep 23, 2026 0 0

U.S. Treasury yields were little changed Wednesday as oil prices fluctuated, with the 10-year yield at 4.994% and Brent crude rising about 1% to roughly $100 a barrel.

U.S. Treasury yields were little changed Wednesday as o...

Sep 23, 2026 0 0

Seeing a photo of herself from 49 years ago changed how a 69-year-old woman sees her appearance, turning decades of self-doubt into appreciation for the life and beauty she once overlooked.

Seeing a photo of herself from 49 years ago changed how...

Sep 23, 2026 0 0

A woman says she has not paid traditional rent for 10 years, living between a Sprinter van in the U.S. and a sailboat in Mexico while building a six-figure online business and saving for retirement.

A woman says she has not paid traditional rent for 10 y...

Sep 23, 2026 0 0