Layoffs 2023: Sportswear brand Nike lays off employees

After the tech industry announced a spate of layoffs, more industries seem to be following suit. Leading footwear and apparel brand Nike is the latest to cut jobs.

Employees who have lost their job took to professional networking platform LinkedIn to share their plight.

Most job cuts affected recruiters who said that they have been laid off.

The employees posted on LinkedIn after Nike announced the resignation of Ratnakar Lavu, the top technology executive at the company.

Jordan Ingram, senior talent acquisition partner at Nike, said it was hard for him to find the words.

"Like many other amazing people lately, I was laid off from Nike yesterday. If you have followed me or worked with me at all, you know how much I love my career and what I get to do. #SeniorTechRecruiter I take serious the opportunity to change people's lives, and there is no greater joy then being able to love your job and the company you work for," Ingram posted on LinkedIn.

"I am open to work, and I need to be working for my family," he added.

As per reports, one of Vietnam's largest shoe manufacturers for major brands such as Nike and Adidas plans to cut thousands of jobs at the end of the month due to a slump in orders.