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Nike to cut 1400 jobs in 2026, mainly tech and global operations to streamline faster
Business
Published on 24 April 2026
The cuts target global operations and technology
Nike says it will cut about 1,400 jobs in 2026, with the biggest impact falling on global operations and technology teams. The company frames the move as a way to simplify its structure, respond faster, streamline supply chains, and refocus technology work. The decision follows mounting competition and a sales slowdown.
- Nike plans layoffs affecting roughly 1,400 employees in 2026
- Global operations and technology are the hardest-hit areas
- Restructuring aims to simplify processes and improve responsiveness
- Move comes amid competition and slowing sales
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times