Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Nike, an American sportswear company, announced a second round of layoffs affecting about 1,400 roles in its global operations, mainly within its technology department.
The cuts target employees across North America, Asia and Europe. The restructuring is part of Nike’s “Win Now” turnaround strategy to reshape its tech team, modernise manufacturing, relocate some Converse operations and integrate material supply chain functions, reflecting a digital transition as automation expands.
Job losses are concentrated in technology and most of the 1,400 positions will be eliminated across the regions mentioned. The layoffs were announced on 23 April 2026, with affected employees notified from 27 April 2026 onward.
Eurofound (2026), Nike, Internal restructuring in World, factsheet number 300660, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300660.
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