Business: Nike announced a memo detailing the reduction of 1,400 jobs, primarily in its tech sector, as part of a strategy to reshape its operations.

Apr 23, 2026 - 19:10

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Business: Nike announced a memo detailing the reduction of 1,400 jobs, primarily in its tech sector, as part of a strategy to reshape its operations.

🚨 Big changes at Nike! The sportswear giant is cutting 1,400 jobs in its global operations, mostly in tech. COO Venkatesh Alagirisamy revealed the news in a memo, citing a longer-than-expected turnaround plan. These cuts are part of their "Win Now" strategy. Stay tuned for updates! 💔 #Nike #JobCuts

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