Nike layoffs: Hundreds of jobs cut in latest round as shoe giant embraces supply chain automation

Group 1 - Nike has confirmed layoffs of 775 workers, which represents approximately 1% of its workforce of around 77,800 employees as of May 2025 [1] - The job cuts are part of Nike's strategy to strengthen and streamline operations, allowing the company to move faster and operate with greater discipline [2] - Nike is focusing on enhancing its supply chain, accelerating the use of advanced technology and automation, and investing in team skills for future needs [2]