Nike to cut 775 employees as it accelerates 'automation' at U.S. distribution centers

A shopper carries a Nike bag in the Union Square neighborhood of San Francisco, California, US, on Wednesday, Jan. 21, 2026.Nike is cutting 775 employees as the company looks to boost its bottom line and accelerate its use of "automation," CNBC has learned. The layoffs, which are in addition to the 1,000 corporate job cuts it announced last summer, primarily impact distribution center roles in Tennessee and Mississippi, where the sneaker giant operates large warehouses, people familiar with the matter said. ...