People walk past a Nike store in New York City, on April 2, 2025. Kylie Cooper | Reuters Nike announced a new round of layoffs Thursday affecting approximately 1,400 employees across the organization, mostly concentrated in its technology department. In a note from COO Venkatesh Alagirisamy, the company said the layoffs were part of Nike's broader "Win Now" turnaround strategy aiming to reshape its technology team, modernize its Air manufacturing, move some of its Converse Footwear operations and integrate its materials supply chain work into its footwear and apparel supply chain teams. "Collectively, these changes will result in a reduction of approximately 1,400 roles in global operations, with the majority in technology," Alagirisamy wrote. "These reductions are very hard for the teammates directly affected and for the teams around them, too." A Nike spokesperson said the layoffs are about better positioning the organization for the current pace of sports and accelerating its growth.…