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REPORTED · NEWSPublished Dec 10, 2025

Nike Faces $300 Million Restructuring Charges After Recent Layoffs

EMPLOYEES AFFECTED
200
SHARE OF WORKFORCE
~0.3%
EFFECTIVE DATE
Oct 1, 2023
200 OF 79,400 EMPLOYEES

What we know

Location: Beaverton, Oregon, USA.

Department affected: Technology.

Based on news reporting.

Summary

Nike, Inc. has reported $300 million in restructuring charges following recent layoffs. While the article does not specify the exact number of employees affected, it highlights the financial impact of these workforce reductions. The restructuring is part of Nike's broader strategy to streamline operations and adapt to changing market conditions. The company has faced challenges in recent months, prompting these significant financial adjustments. Details regarding specific locations or departments impacted by the layoffs were not provided in the article.

NIKE, Inc. cut 200 jobs affecting its Technology team as of October 1, 2023.

That is roughly 0.3% of the 79,400 people NIKE, Inc. employs.

LayoffTalk has tracked 21 layoff events at NIKE, Inc. since October 2023, affecting a combined 7,933 employees.

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SOURCE
News reporting
View original source ↗
N
NIKE, Inc.NKE
Consumer Cyclical · 79,400 employees
21
EVENTS TRACKED
11K
AFFECTED SINCE 2023
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CREATED DEC 10, 2025LAST UPDATED APR 26, 2026