Nike will shift some of that work to third-party vendors, the representative said in an email, adding that the changes were announced last week. It is not immediately clear how many people work in Nike's technology division.

Nike (NYSE:NKE) has begun laying off employees in its technology division, the company confirmed to Reuters. While the number of affected workers remains undisclosed, the sportswear giant stated that some

Nike has initiated a round of layoffs targeting its technology division, aligning with a broader turnaround plan for the brand. According to Reuters, the sportswear giant intends to outsource the responsibilities previously handled by the affected employees to external vendors.