Nike cuts 1,400 roles in second round of layoffs this year

Nike announced 1,400 layoffs, primarily in its technology department, on Thursday after cutting 775 jobs in January.

Analyst says tariff refunds are a catalyst for Nike — unless customers get in the way

Nike could be a big beneficiary of Trump tariff refunds. Just how big it will be depends on whether customers also get some ...

Nike CEO Gave His Personal Email Address to Employees: ‘It’s Not a Job. It’s Personal’

Elliott Hill came out of retirement to become CEO in 2024 after a 32-year career at Nike in a move to turn around the iconic ...

Nike Cuts Jobs as Turnaround Strategy Moves Forward

On April 23, CNBC reported that NIKE, Inc. (NYSE:NKE) announced a new round of layoffs, affecting about 1,400 employees across the organization.
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Nike CFO: Expect sales down low-single digits from now through end of 2026

CNBC's Gabrielle Fonrouge joins 'Fast Money' to talk the latest out of Nike's investor call. Nick Shirley confronts California Democrats over 'Stop Nick Shirley Act,' pressing on First Amendment ...

Nike nightmare deepens: Sneaker giant cuts 1,400 more jobs as stock crashes 70% from pandemic highs. Critics call out 'woke' shift — here’s the truth

Depending on who you ask, Nike (NYSE:NKE) is either in a heap of trouble or slowly steadying the ship after the John Donahoe ...