Nike layoffs 2026 breakdown: Why is Nike cutting 1,400 jobs? Which departments and regions are hit hardest?Nike layoffs 2026 explained: Nike is cutting jobs again. About 1,400 employees will be affected, mostly in global operations and technology...
24 Apr, 2026, 10.11 PM IST
Lululemon says it picks former Nike executive Heidi O'Neill as next CEOLululemon has taken a decisive step by naming Heidi O'Neill, an ex-Nike leader, as the brand's new chief executive. This transition follows...
23 Apr, 2026, 06.17 AM IST
Job cuts in U.S.: Massive lay offs underway in Snapchat parent company. Check severance package, which employees are losing jobs right now?Snapchat, Meta, Nike, Citigroup, Morgan Stanley employees are under the job cuts threat. AI-driven automation is exposing multiple sectors ...
15 Apr, 2026, 06.51 PM IST
Nike layoff: Sportswear maker plans job cuts. Who will be affected?As of May 31, Nike had about 77,800 employees worldwide, including retail and part-time employees.
29 Aug, 2025, 12.00 AM IST
Nike cuts some jobs in technology divisionNike will shift some of that work to third-party vendors, the representative said in an email, adding that the changes were announced last ...
20 May, 2025, 11.05 AM IST
Apple CEO Tim Cook’s other job: Helping Nike turn things aroundTim Cook, Apple’s CEO and Nike board member, has played a crucial advisory role in Nike’s leadership transitions and strategic decisions. H...
21 Oct, 2024, 04.27 PM IST
Nike plans to cut about 2% jobsThe job cuts are expected to start on Friday, and a second phase will be completed by the end of the quarter, the report said, citing an em...
16 Feb, 2024, 11.01 AM IST
Cognizant wins five-year Nike transformation dealCognizant is expected to deliver several key capabilities for Nike over the next five years, including new self-service capabilities, impro...
26 Apr, 2023, 06.59 PM IST
Nike follows in the footsteps of H&M & Adidas, will not renew franchise agreements in RussiaDue to operational challenges, Nike has decided to not renew or enter into new business commitments.
28 May, 2022, 11.01 AM IST
Nike halts sales to retailers in RussiaThe move affects licensed retailers as Nike shuttered company-owned stores two months ago soon after Moscow sent troops into the neighborin...
25 May, 2022, 08.39 PM IST
Nike, Under Armour to close all US stores due to coronavirusUnder Armour will shutter all of its stores in North America from Monday for about two weeks, while Wisconsin-based apparel retailer Lands ...
16 Mar, 2020, 11.05 AM IST
Nike temporarily closes European HQ after 1 employee tests positive for coronavirusThe closure came as novel coronavirus cases climbed to 18 in the country.
03 Mar, 2020, 02.02 PM IST
Nike temporarily closes European headquarters due to coronavirus caseDutch news agency ANP, citing an internal email, reported overnight that the office in Hilversum would be disinfected. The employee was sta...
02 Mar, 2020, 01.02 PM IST
Nike starts downsizing India operations, to fire 20 per cent staffNike, which entered India in 2005, saw its sales fall to Rs 764 crore in FY16 from Rs 803 crore in FY15, according to data from Registrar o...
02 Sep, 2017, 10.36 AM IST
Nike, the Brazilian national football team, and $40 million paid into a Swiss bank accountThe charges allege they participated in a "24-year scheme to enrich themselves through the corruption of international soccer."
30 May, 2015, 04.21 PM IST
11 Things Hardly Anyone Knows About NikeNike turned 50 this year. To celebrate, UK gym My Fitness Boutique has created this infographic to celebrate its five decades in business.
01 May, 2015, 01.27 PM IST
Nike seeks millions from designers who left for AdidasAll three employees reportedly had non-compete agreements preventing them from working for a competitor within a year of their employment w...
11 Dec, 2014, 03.06 PM IST