Shift in the System: What Nike's 1,400 Tech Layoffs Mean for the Future of the SNKRS App

SummaryNike has announced the layoff of approximately 1,400 employees globally, heavily concentrated within its technology and global operations divisionsRepresenting nearly 2% of the brand's total workforce, the cuts are a key component of CEO Elliott Hill's ongoing "Win Now" strategy aimed at streamlining operations and reversing sales slumpsA major casualty of the restructuring is the SNKRS app team; Nike has confirmed it is merging its SNKRS and main Nike App engineering teams into a single,...