Sportswear company Nike has announced it is laying off about 1,400 employees to streamline workflows.
Nike announced this via a memo issued by the company’s Chief Operating Officer, Venkatesh Alagirisamy, on Thursday, April 23, 2026.
Alagirisamy said the company would cut jobs in global operations – mainly technology – in North America, Asia, and Europe, accounting for a little less than 2% of the global workforce.
Alagirisamy noted that the cuts will allow the company to better integrate its supply chains for materials, footwear and apparel, and to focus its technology operations in two main hubs – its Beaverton, Oregon, headquarters, and the Nike India Technology Center.
It is the latest in a string of job cuts at Nike, most recently the axing in January of 775 roles in a bid to speed up automation.
Nike had said in a March SEC filing that headcount adjustments could be coming.
Shares edged up about 0.5% in after-hours trading. Nike shares have lost more than half their value in the last three years, as nimbler competitors like On, Hoka, and Anta have won more shelf space.
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CEO Elliott Hill, who took the helm in 2024, has vowed to re-centre the company’s brand on core sports like running and soccer, and bring new and innovative shoes to market quickly.
Last year, Hill said turning Nike around would depend on the company delivering “something new to the consumer week after week,” but new rollouts have yet to move the needle, with the exception of the Vomero 18 shoe, which launched last year and reached $100 million in sales in three months.
The company has forecast a 2% to 4% drop in sales in the current quarter. China, its primary trouble spot, is expected to fall 20% in the quarter.
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