- Nike is planning to lay off less than 1% of its corporate staff.
- The move is part of CEO Elliott Hill’s efforts to realign how teams are structured across the business.
- Under Nike’s former CEO, the business was segmented into women’s, men’s and kids. Hill is now undoing that work.
https://www.cnbc.com/2025/08/28/nike-to-lay-off-about-1percent-of-corporate-staff.html