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LeBron and Mbappé signal demise of Nike

Just look how critical LeBron has been of Nike‘s innovation. Mbappé didn’t wait around. He peaced out. Others are going to do the same. We are now the next Under Armour. A future case study for decades to come on the collapse and failure of this company.

I used to be on board with no matter what tough times comes Nike‘s way that we will find a path to compete and overcome. That’s not the case anymore. We failed at our own Maxim of figuring out how to evolve immediately. We don’t know how to innovate. We don’t know how to inspire anymore. Everything they do is based on hope. Hope is not a plan or a strategy.

It’s unfortunate that Nike put themselves in this position when the Board of Directors hired JD. It only takes one mistake. Doubling down on that mistake compounds your problem.

Nike made a lot of people rich. Sent a lot of people into a comfortable retirement. Anybody with Nike stock will now have to work for many years to overcome the losses. This will also keep NIKE from attracting great talent, cause great talent to leave Nike, and continue the overall collapse of the brand.

I hate it because I’ve been a Nike fan all of my life. It has just become the inevitable fate. One that nobody wants to take responsibility for despite the obvious failures. Nike was never a tech company. Nike was a company by athletes for athletes.

Does anybody know what NIKE is anymore? No. That’s the problem and that’s what ki-led this great company.

…and with that, just like Shark Tank…I’m out


What happened to this company?

I keep hearing that “in the old days” it was not like this. It has me questioning whether this is the right company to grow my career with.

It seems like everything is a struggle these days.

I am interested to hear from those people who have worked here for a long time on what they feel has changed and more importantly if it can be fixed.

Maybe if someone up top is actually monitoring this site they will see what is being said. The fear is even if they do I have little confidence to believe they will make the change. Our company is run by people who are days away from retirement.


Call Center REPS firing

Normally, you do not see this in the Call center environment because of the natural turnover people eventually quit but this week they fired a bunch of people, including a supervisor. We were once great company when we were DST. It’s now a sh-t business that doesn’t care about it’s people


Optum India

Optum India keeps growing:

  • Largest Global Capability Center for UnitedHealth Group
  • 6 hubs: Gurugram, Noida, Bengaluru, Hyderabad, Pune and Chennai
  • 13 locations

https://www.unitedhealthgroup.com/careers/in/work.html


Confirmed: Kylian Mbappe leaves Nike after long-term relationship to join Swiss sportswear giant

Athletes are leaving now too!

https://sports.yahoo.com/articles/confirmed-kylian-mbappe-leaves-nike-125000863.html

Kylian Mbappe has ended his long-standing relationship with Nike and joined Swiss sportswear company On in a major move that will see the Real Madrid forward become the face of its expansion into football boots.

The Athletic has revealed that Mbappe agreed to join On after his Nike contract expired this summer.

The financial details remain undisclosed, but the deal includes an equity stake in the Swiss company, giving the 27-year-old an interest beyond a conventional sponsorship arrangement.

The move also sees Mbappe turn down established football boot rivals Adidas and Puma as On attempts to establish itself in a market dominated by the biggest names in sportswear


Groups Impacted - Citi Layoffs September 2026

Here is what I was able to find in all the posts so far:

  • Account Opening (Tampa and San Antonio)
  • AML/KYC (multiple locations and teams)
  • Cards Remediation (Jacksonville and other locations)
  • CBDU (44 employees reportedly affected)
  • Client/Marketing Ops (New York City)
  • Compliance/ICRM (New York, second-line compliance)
  • Core Ops (Tennessee)
  • Data Science & Analytics (Singapore)
  • Entitlements (stateside team reportedly eliminated)
  • Fixed Income/Trading (New York City)
  • Fraud/Fraud Ops (Tampa, Jacksonville, Hagerstown)
  • ICRM Cards (Schaumburg, Illinois)
  • Mortgage and Mortgage Servicing (St. Louis, Dallas, Irving)
  • Payments Investigations (Kentucky team reportedly eliminated)
  • Regulatory Reporting
  • Treasury Transformation (New York and Tampa)
  • USRB Risk-Mortgage
  • Wealth
  • Wealth Risk & Controls

I Got F@ckserv Right Where I Wanted Them

I left on my terms and conditions. I milked the company all the way until the end of my employment. Anyone can do the same before you get placed on a PIP or RIF’d. This company is so Mickey Mouse. They love to engage in psychological warfare as most Fortune 500 corporations use the same tactics, but I became the victor!


We have reached peak delusion.

We’re a complete financial disaster, yet we’re building a new multi-billion dollar campus nobody wants, and this leadership actually thinks the Street isn’t going to react??

The fact that Stink sits in his office talking about and arguing over the number of bowling alley lanes and golf simulators rather than figuring out how to set this company up for financial success is actually fu--ing insane.

These guys have completely lost their minds.

We’re dealing with massive financial pressure, a rapidly changing industry, growing competition and serious threats to the business, and somehow the priority is building a giant corporate playground???

Nobody wants your stupid new HQ. Nobody cares about your bowling alleys. Nobody gives a sh-t about your golf simulators. This was clearly stated in the survey last year. NO OFFICE not new office.

We need leadership focused on making this company financially successful, not designing the fu--ing employee country club.

And the only silver lining is that this guy has already been involved in enough disastrous strategic decisions like TMO, DTV, Time Warner Xandr, etc. etc. etc. that there is absolutely no reason to believe this one will somehow be different.

Undoubtedly, this will prove to be the wrong decision yet again and set this company back decades further than he already has.

At this point, the only question is how much more damage these guys can do before the Street and the board finally says enough is enough. The sound financial decision here is to short the stock before everyone else does.

Nobody wants or cares about your stupid new HQ. Retire and let us go back to the way it was before Covid. Everyone hates you.


Panama

A couple of years ago we outsourced about 50 Sourcing roles to Panama.

A good amount of the folks who lost their jobs all had at least 15 + years of tenure. Part of the Panama team will be working the GSA/4PL quotes.

Good luck with that. I’m sure that group of customers appreciates it.

Also nice how Grainger sends out the most recent employee survey and for some reason they do not include the folks who work in the DC’s.

As long as their employees in Lake Forest are happy that’s all that matters.


5 years here

nothing to say about layoffs as there are none. i am an account mgr (gov't). i think it really depends on who leads you and the person that's leading my group is a great mentor and she cares. nothing else to add here, good benefits, stable company and highly recommended for anyone that's looking for a meningful job in a very stable company. again, no layoffs that i am aware off. w-w-grainger


New here

Now I realize I should have checked this board before I joined, but too late now. I'm just wondering, how often do layoffs take place? I can see that it's a few times a year at least but is it every six months, every quarter, or something else?