Read Nike's memo announcing 1,400 job cuts, most in tech, as it reshapes operations

Source: Business Insider

Nike to cut 1,400 jobs. Sheldon Cooper/SOPA Images/LightRocket via Getty ImagesNike said it's cutting 1,400 roles in its global operations team, primarily in technology. Chief operating officer Venkatesh Alagirisamy announced the cuts in a memo on Thursday.