The cuts, which amount to about 1% of Nike’s overall workforce, are part of the company’s efforts to strengthen and streamline operations.

Nike is cutting 775 employees, primarily at its U.S.-based distribution centers, CNBC has learned. The cuts primarily impact staff at distribution centers in Tennessee and Mississippi, people familiar with the matter said.

The layoffs, which amount to about 1% of Nike’s overall workforce, are part of the company’s efforts to strengthen and streamline operations.

Nike Inc. is laying off about 775 workers at distribution centers as the sportswear company integrates automation into its operations, according to a person familiar with the matter.

Nike is cutting approximately 775 jobs as it aims to consolidate its U.S. distribution center operations across facilities in Tennessee and Mississippi. In a statement sent to FN on Monday, a Nike representative said the move is part of the company's "Win Now" strategy,

Nike (NKE) plans to cut 775 jobs at the company's distribution centers as it looks to sharpen its supply chain footprint and accelerate the use of automation, sources told CNBC. The job cuts are separate from the 1,

Nike is laying off 775 employees in a bid to boost profits and accelerate its use of automation, CNBC reported on Monday, citing people familiar with the matter.