Nike: 1,400 jobs cut
Nike has announced the layoffs of 1,400 employees, with the technology teams seeing the most significant cuts. This move is part of a broader strategy aimed at enhancing efficiency and automation within the company's operations. The decision underscores Nike's commitment to incorporating AI technologies, which played a role in the displacement of these jobs.
Conservative
1,400
Core Estimate
1,400
Upper Bound
1,400
Sources
Nike cuts 1,400 jobs with tech teams hit hardest in push for efficiency, automation - financialexpress.com
Nike layoffs: 1,400 roles slashed in overhaul, tech teams hardest hit - Firstpost
Nike Cuts 1,400 Jobs as Turnaround Plan Shifts Focus to Automation, Supply Chain Integration - Tekedia
Nike announces layoffs of 1,400 employees with focus on technology cuts - Mix Vale
Nike lays off 1,400 with tech teams being hit hardest - The American Bazaar
Nike to Cut 1,400 Jobs as It Accelerates Structural Overhaul Across Tech and Supply Chain - Oui Speak Fashion
Nike to cut 1,400 jobs in global tech and operations revamp - MSN