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.
Maruti Suzuki has reportedly discontinued the Ignis in India after continued weak sales and shrinking demand. Production has been halted for more than a month, and bookings have also been stopped. Even a price revision failed to revive interest, with February sales falling nearly 50% year-on-year, signaling a shift toward a Punch-like micro SUV.
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