Nike: 1,400 jobs cut
Nike announced it is laying off approximately 1,400 employees, representing about 2% of its global workforce, primarily in technology roles across North America, Asia and Europe. The cuts are part of ongoing efforts to streamline workflows and automate operations as the company struggles with a multi-year sales slump. This follows previous layoffs in January 2026 where Nike cut 775 roles specifically to speed up automation initiatives.
Conservative
0
Core Estimate
210
Upper Bound
490
Sources
Nike cuts 1,400 jobs as turnaround struggles persist
Nike cuts 1,400 jobs as turnaround struggles persist Nike Inc. Add Topic # Nike to lay off 1,400 workers as sales slump drags on Nicholas P. Brown Reuters April 24, 2026, 4:33 p.m. ET Hear this story Nike NKE.N said on Thursday it is laying off about 1,400 people to streamline workflows, as the struggling sportswear company fights through a years-long sales slump. In a memo to employees on Thursday, Chief Operating Officer Venkatesh Alagirisamy said Nike would cut jobs in global operati