Nike is cutting jobs in its technology division, here's what company said
Nike, America's leading shoe company, is reducing its technology workforce as part of a broader restructuring effort under CEO Elliott Hill. The company confirmed the job cuts but did not disclose the number of employees affected, planning to outsource some tech roles to third-party vendors. This move comes amid declining revenue projections and efforts to streamline operations and boost innovation.
Nike, America's leading shoe company, is reducing its technology workforce as part of a broader restructuring effort under CEO Elliott Hill. The company confirmed the job cuts but did not disclose the number of employees affected, planning to outsource some tech roles to third-party vendors. This move comes amid declining revenue projections and efforts to streamline operations and boost innovation.
