1400 More Gone at Nike: Layoff Report and Internal Pulse

Just saw the report: 1400 employees laid off at Nike as of June 6, 2026. This is serious. The news is citing a significant cost-cutting effort, aiming to save billions. It's a brutal reality for those affected, and I imagine the atmosphere within the remaining teams is tense. We've seen layoffs before, but this number is substantial. Is this a strategic pivot, or a response to market pressures that are hitting even giants like Nike? Wondering if this impacts specific divisions more than others, or if it's a broad workforce reduction. It's tough to get the full picture from the outside, but the scale of this clearly signals a major internal adjustment. Anyone affected or hearing more details internally? Would appreciate any firsthand accounts or insights into how this is being handled and what it means for the company's direction moving forward. Stay strong, everyone.