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

Apr 23, 2026 - 19:20
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Business: Nike announced 1,400 job cuts, primarily in its tech sector, as part of a restructuring effort to reshape its operations.
🚨 Big changes at Nike! The company plans to cut 1,400 jobs, mainly in tech, as part of its ongoing turnaround plan. COO Venkatesh Alagirisamy shared that these adjustments aim to streamline operations and enhance efficiency. More details on the changes to come! #Nike #JobCuts #BusinessNews

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