Nike on Thursday disclosed a new round of layoffs , this time impacting its corporate team.

The move comes after president and chief executive officer Elliott Hill raised the possibility of layoffs in June during Nike’s earnings report for the fourth quarter of fiscal 2025.

Nike told Footwear News that 1 percent of its corporate employees will be let go. An email from the company’s leadership team informed employees of the realignment beginning next week. U.S. and Canadian employees will work remotely until Sept. 8, when Nike says its conversations about the changes will conclude. A Nike Team meeting is then scheduled for Sept. 10, with new roles to take effect Sept. 21.

“Change can be difficult. It can also be what sharpens the edge, aligns the team and sets up the win,” the

See Full Page