Nike cuts 1,400 jobs across tech, operations
The majority of the layoffs are in the activewear giant’s tech department as it consolidates its footprint and leans into automation.
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Amazon cuts 16K jobs
The e-commerce giant declined to say how much this latest round of downsizing would impact its retail operations.
Target consolidates spring savings event into 3 days
Competitors expanded the length of seasonal sales over the past year, but the retailer’s March event marks a reduction from 2025’s Target Circle Week sale.
Estée Lauder now expects up to 10K role reductions
The cosmetics company increased its expected role cuts as part of its restructuring effort, with much of the increase in point-of-sale jobs at department stores.