Nike to lay off 1,400 workers worldwide, including from Beaverton headquarters
Nike announced it will lay off 1,400 workers worldwide, mostly from its Global Operations technology department. The company's net income for fiscal year 2025 was $3.2 billion, down 44% from 2024.
Nike will lay off about 1,400 people from its Global Operations department, with the majority in technology. The layoffs will impact employees in North America, Asia, and Europe, including at the company's world headquarters in Beaverton. The move is part of Nike's 'Win Now' plan to achieve sustainable, long-term profitable growth. Nike's net income for fiscal year 2025 was $3.2 billion, a 44% decrease from 2024. The company says the layoffs are intended to make it stronger and more focused. The layoffs are part of the final stretch of the 'Win Now' plan.
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