Nike has cut 1,400 more jobs in its second major round of layoffs this year as the sportswear company looks to simplify its operations.
Most of the layoffs will be from Nike’s technology team, according to a company memo made public Thursday.
“These changes are meant to make the company less complex and more responsive,” Nike’s Chief Operating Officer Venkatesh Alagirisamy wrote in the memo.
The layoffs are part of Nike’s “Win Now” action plan to reverse a yearslong sales slump.
Nike reported $46.3 billion in revenue in its 2025 fiscal year, which ended last May. This is down about 10 percent from its 2024 fiscal year.
“Across the company, we have been taking deliberate steps to strengthen our foundation, sharpen how we compete, and build a model designed to deliver long-term profitable growth,” Alagirisamy said.
In January, Nike announced plans to lay off nearly 800 employees at its distribution centers in Tennessee and Mississippi.
“We are sharpening our supply chain footprint, accelerating the use of advanced technology and automation, and investing in the skills our teams need for the future,” Nike said in a statement to Business Insider at the time.
The new round of layoffs will affect workers across the world. Employees in North America, Europe and Asia will face job cuts, according to The New York Times.
“To teammates whose roles are impacted, thank you. Your contributions have helped build this company, and we are grateful for the work, commitment, and care you have brought to Nike,” the company’s chief operating officer said in Thursday’s memo.
The layoffs will be carried out in the coming weeks.
Alagirisamy said affected workers “will hear directly from their leaders and HR partners starting today, and we will work to make sure they have clear information and support through this transition.”
The Independent has reached out to Nike for comment.
