Nike will cut ~1,400 roles globally, mostly in its technology department, as part of its "Win Now" turnaround strategy. COO Venkatesh Alagirisamy said the changes aim to modernize Air manufacturing, reshape the tech team, and integrate supply chain operations. The cuts follow 775 job reductions in January tied to automation. Nike warned last month that sales will continue to decline, led by an expected 20% drop in China this quarter.
