Close Menu
    What's Hot

    Anthropic Acknowledges Claude Code Issues, Denies ‘Nerfing’

    April 24, 2026

    Read Nike’s Memo Revealing 1,400 Job Cuts in Operations, Technology

    April 23, 2026

    Army Soldier Gannon Van Dyke Used Military Secrets on Polymarket

    April 23, 2026
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Money»Read Nike’s Memo Revealing 1,400 Job Cuts in Operations, Technology
    Money

    Read Nike’s Memo Revealing 1,400 Job Cuts in Operations, Technology

    Press RoomBy Press RoomApril 23, 2026No Comments5 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Nike is benching some of its employees.

    The sportswear giant said Thursday that it is cutting about 1,400 roles in its global operations division, mainly in technology. Venkatesh Alagirisamy, who became chief operating officer in December, announced the reductions in a memo to staff detailing several changes “in the coming weeks.”

    Alagirisamy wrote that the company is in the “final stretch” of the turnaround plan, dubbed its “win now” actions, which focuses on five key areas: culture, product, marketing, marketplace, and in-person presence.

    The changes include modernizing manufacturing, reallocating resources, and reshaping Nike’s tech team, according to the memo.

    The cuts mark Nike’s second round of cuts in 2026, following the elimination of 775 distribution center jobs.

    CEO Elliott Hill told analysts in a March earnings call that the turnaround plan is taking “longer than I would like.”

    Read the full memo below:

    Team,
    NIKE, Inc. is in the final stretch of our Win Now action plan.
    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. Global Operations is critical to that effort.
    Today, I am sharing the next phase of that work and doing so with the entire company because of the scope and importance to our collective future.
    Over the coming months, we will continue evolving Global Operations to better serve athletes and the business with more speed, simplicity, and precision. Some of that work is happening now and more will continue over time as we align our teams, capabilities, and footprint to the future needs of the company.
    This is not a new direction. It is the next phase of the work already underway.
    Earlier this year, I outlined four actions we’re taking across Operations to help make NIKE, Inc. a more responsive, resilient, responsible, and efficient company: optimizing our supply chain footprint, accelerating technology deployment, investing in upskilling our teams, and strengthening our partner and supplier relationships. The changes we are making now build on that work.
    At its core, these shifts are about building a Global Operations organization that is more focused, more integrated with the business, and better built for the pace of sport.
    In the coming weeks, several significant changes will take effect across Global Operations. These actions will result in changes to some team structures, work locations, and headcount.
    • Technology Modernization. We’re reshaping our Technology team to sharpen alignment with the business, build leaner teams, and accelerate what matters most. This means consolidating our technology footprint, streamlining our structure to move with greater speed and focus, and doubling down on the locations where our work gets done with a focus on two strategically important hubs — Philip H. Knight Campus and our Nike India Technology Center. These are deliberate moves to build a leaner, faster, more connected Technology organization — one built to deliver for the consumer, the athlete, and the business.
    • Air Manufacturing Modernization. We are modernizing how work gets done across our Air Manufacturing Innovation (Air MI) facilities in Beaverton, Ore.; St. Louis; and Vietnam by increasing resiliency, streamlining processes, and adjusting staffing to match the needs of the business. The changes will help us stay flexible as demand changes, accelerate future innovations and continue to deliver the product quality athletes expect from Nike.
    • Converse Ground Game. We are moving some Converse Footwear Manufacturing and Engineering resources closer to our factory partners to enable stronger real-time collaboration and to better support the brand’s needs going forward.
    • Materials Supply Chain Integration. We are bringing our Materials Supply Chain work more directly into our Footwear and Apparel Supply Chain teams while continuing to build on the valuable capabilities already in place. This strengthens how we operate from raw materials through finished product, enabling faster more synchronized decisions and ground-breaking innovations across our best-in-class manufacturing network.
    Collectively, these changes will result in a reduction of approximately 1,400 roles in Global Operations, with the majority in Technology. These reductions are very hard for the teammates directly affected and for the teams around them, too.
    Part of doing the right thing is being direct. Another part is making sure people are treated with care. Teammates whose roles are impacted 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.
    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.
    To the broader team, moments like this require professionalism, empathy, and a shared commitment to one another. These changes are meant to make the company less complex and more responsive. As we look ahead, that means simplifying parts of how we operate, using more advanced automation where it helps us work better, and building an even stronger end-to-end foundation for future growth. I expect these efforts to continue beyond our Win Now action plan.
    The Operations team has played, is playing, and will play an important role in helping NIKE, Inc. strengthen its foundation and it will continue to play a critical role in the company’s comeback.
    Thank you for your leadership, your dedication to the athletes, and your dedication to each other.
    Venkatesh Alagirisamy
    EVP, Chief Operating Officer

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    Anthropic Acknowledges Claude Code Issues, Denies ‘Nerfing’

    April 24, 2026

    Army Soldier Gannon Van Dyke Used Military Secrets on Polymarket

    April 23, 2026

    JPMorgan Promotes 135 Bankers and Traders to MD — See the List

    April 23, 2026
    Leave A Reply Cancel Reply

    LATEST NEWS

    Anthropic Acknowledges Claude Code Issues, Denies ‘Nerfing’

    April 24, 2026

    Read Nike’s Memo Revealing 1,400 Job Cuts in Operations, Technology

    April 23, 2026

    Army Soldier Gannon Van Dyke Used Military Secrets on Polymarket

    April 23, 2026

    JPMorgan Promotes 135 Bankers and Traders to MD — See the List

    April 23, 2026
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • April 2026
    • March 2026
    • February 2026
    • January 2026
    • December 2025
    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2026 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.