Nike Cuts Tech Jobs and Moves to Outsource Amid Sales Decline 📉

Nike is laying off tech workers and shifting some responsibilities to third-party vendors as it faces a sales slump, signaling a strategic shift to reduce costs.

Benzinga•204 views•0:58

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Sportswear behemoth Nike has disclosed plans to lay off employees in its technology division, opting to outsource some of this work to third-party vendors.

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204

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0:58

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Published
May 20, 2025

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