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Nike is cutting jobs again, impacting less than 1% of its corporate staff. This is part of CEO Elliott Hill's plan to restructure the company, focusing on sports and athletic culture rather than the previous men's, women's, and kids' divisions. The changes aim to boost sales and innovation, reversing recent declines. Employees will be informed by September 8th, with most new roles starting September 21st. The EMEA and Converse businesses are unaffected by these layoffs.

Prepared by Christopher Adams and reviewed by editorial team.