Nike announced 1,400 layoffs on Thursday. Most of the affected roles are in technology and operations. This action is part of an ongoing company turnaround effort. It marks the fourth consecutive year of significant job cuts. CEO Elliott Hill aims to reboot sluggish sales and reduce direct sales reliance.
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https://www.oregonlive.com/business/2026/04/nike-announces-1400-layoffs-mostly-in-operations-and-technology.html