Nike to lay off 1,400, majority cuts in tech team; COO says 'not a new direction'
Nike is laying off 1400 employees globally, primarily in its technology division, as part of its 'Win Now' plan to streamline operations and ensure long-term growth. The company is modernizing its technology, manufacturing, and supply chain, consolidating key hubs and improving integration. Affected employees will receive direct communication and support.المصدر: Times of India | Source: Times of India
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