Most of the affected employees work in the company's technology department.
Nike on Thursday said it would cut around 1,400 jobs in its global operations, the latest efforts to shrink staff as the sneaker-maker's turnaround efforts remain in flux and as it tries to bring new

Nike to cut around 1,400 jobs in efficiency push

04:46pm, Thursday, 23'rd Apr 2026
Nike ‌said on Thursday it was reducing about 1,400 roles ​in its global ​operations team, as the ⁠sportswear giant looks to ​boost its profits.
Nike announced roughly 1,400 layoffs, primarily in its technology department, on Thursday. The retailer said the job cuts are part of its efforts to better position the company for future growth as pa
Nike's dividend yield is near an all-time high due to its falling stock price and 24 years of dividend increases.
Nike (NYSE:NKE | NKE Price Prediction) and Lululemon (NASDAQ:LULU) both reported earnings with North America struggling, China providing brightness, and tariffs compressing margins.
Nike (NKE) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
B. Metzler seel. Sohn and Co. AG trimmed its position in shares of NIKE, Inc. (NYSE: NKE) by 20.3% in the undefined quarter, according to the company in its most recent Form 13F filing with the Securi
NKE and ADDYY battle for global share through digital expansion, innovation and category growth as both refine strategies for future performance.
Blue-chip retailers will see the biggest tariff refunds.
Evergreen Capital Management LLC trimmed its holdings in shares of NIKE, Inc. (NYSE: NKE) by 40.0% during the undefined quarter, according to the company in its most recent 13F filing with the Securit
The U.S. stock market has been volatile due to economic and geopolitical events. Nike's results have felt the effects.

Is a Dividend Cut Inevitable for Nike?

05:00pm, Monday, 20'th Apr 2026
Nike's net income fell by 35% last quarter. Its payout ratio is high, and its free cash flow hasn't been particularly strong.
NKE's inventory cleanup is underway, but margin pressure persists as heavy discounts and product mix issues delay a meaningful profitability rebound.
The thing about corporate turnarounds is that they take a minute and then some.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE