Nike is an eloborate blend of MLM & ponzi scheme. They do know that they still have the brand name and a lot of clueless young people being exposed to the woke coolaid. They indoctrinate you into the cult during hiring, serve you the coolaid... — read more
Title mill
Have to share. Scrolling through the org chart on Friday realized that Nike is just now a corrupt diploma mill of engineering job title. Seriously a complete joke. I saw that consistently if people were promoted internally over time it was... — read more
Nike is no longer a Growth stock
Anta makes great shoes lower cost and just as good if not better. China market is lost and surely, they will lose N America as well. Nike is losing market share. This company is so bloated. try a 5-10K layoff like Intel to become Nimbler. Way bloated... — read more
‘Woke’ has nothing to do with Nike’s struggles
https://finance.yahoo.com/markets/stocks/articles/nike-slashes-1-400-more-103500902.html Nike slashes 1,400 more jobs as its stock crashes 70% from pandemic highs — and the real reason isn't 'woke' marketing
India
congrats India, you won you came in, started small, then grew took over groups, director level and down, maybe 1 local US dude then, took over VP roles that's when it really went down the tubes now....you got it all, you fired all the local long... — read more
Non Competes
Is Nike enforcing non compete agreements if you choose to leave and go to a competitor? Given it’s current state my guess would be no, but any insight here?
EH!!! Achtung Baby!
While you are busy Mickey Mousing, cutting and laying off people every month without solving big problem. There is a marauder on the horizon. And I am afraid they are here is to conquer you. And I am talking about Chinese Shoe Makers. Yes, those... — read more
Taxes for Severance Package Reminder
Remember to double check/adjust your taxes if the severance package you received will push you beyond what you would have earned this year, or you will run the chance of having a bigger than expected liability at tax time next year.
CS and GC
How is CS doing in greater china? Insiders tell me she’s jealous she didn’t get the VP of EMEA and is nearly ready to give up already. Thoughts? Is APLA sticking around after 1 June? I also heard not.
Question to VPs and above
Have we figured how to increase sales? If not, no matter what you do (kick off lowly employees to save some change), wall street will keep shorting they will bring PE to 15 or less.
Short Short Sightened leadership
Nike - A marketing company - I seriously doubt! Think about well to do well taken care off employees, across different regions. They should have been the best brand ambassadors of brand. Each well taken employee can easily bring more revenue by... — read more
Lifetime Discount
Has anyone been able to get their 5 year discount if you only had a few months before your 5 year date? They seem to be fu--ing me with 2 months to go.
What did this round achieve?
Other than pi-s off everybody and get rid of some of the best people?
Confused
Cuts done and ac is a vp who reports to a vp who reports to a vp who reports to an evp? How again are we cutting operating costs in tech???? That’s 4 vp layers in that instance alone, aside from sr director layers…
the problem is that Nike is trying to fix the issue while being status quo
therefore all they do is layoff here and layoff there. Nike should be ready to take their sales down as low as $35 billions a year. Start from the scratch. Because once Nike has their marbles together it will be matter of time because sales shot... — read more
We need more cuts. A sh-t ton more!!!!!!!
A lot of the roles that were cut simply weren’t adding enough value to justify their existence. That’s not a personal attack, it’s a structural issue that builds up over time in large organizations. Layers get added, processes slow down, and before... — read more
Most of the layoffs weren't controllable
Looking at who was let go, I saw some patterns and it was hard for me to see this: Function-specific: projects that weren't critical (anymore) or at the tail end of the delivery Location specific: ATC, PTC, remote, etc. A smaller group of... — read more
Tech LT
Will they come with some BS in the nxt tech all hands or will they just keep it real that they had no choice but to save cost…they been good at telling fancy stories
GT Layoff Was Sc--wed Up
To "Win Now" the goal was to reduce GT cost while making it leaner, faster with reduced management layers. Yes the GT cost was reduced and few bloated orgs were made leaner.. BUT - a lot of "does" were eliminated and we still have many layers of... — read more
Believe in something
Even if it means sacrificing everything
Do Nike execs even read this site?
Or are they stuck in their ivory tower, ignoring not just the voice of consumers but their own employees too?
severance doc
I was laid off and am told I won’t get the severance doc for over a month. Ummm…. that makes no sense. So I don’t know if I’m allowed to look for (and take) a job right now or not? Do I have to wait until my “last paycheck” even though I’m... — read more
NIKE needs a REVOLUTION
I am afraid that laying off people here and there won't cut it. Sh-t started going down on last years of MP And 3 or 4 years of JD's sh-t And 18 months of EH feeble efforts. That means that Nike has been on downward slide for 7 to 9 years. And... — read more
NKE dead: sheeps thriving
Bring back the wolves! The sheep in place have ki-led this company. All yes people focused on managing up, not results.
If you were laid off in 2026, please read
As someone who was let go from another company, here are a couple of things I'd tell my younger self: Take some time to process everything that happened and what it means to you financially It's almost impossible not to speculate why YOU... — read more
It’s as simple as wide shoes…
I can’t even begin to tell you the amount of people that tell me that they don’t wear Nikes because they run to slim. And each time I just nod my head and say I agree. I do wonder how much more business we’d campfire by making a simple change like... — read more
Most of the people who were let go… were let go for a reason.
Unpopular opinion: many of the people who were let go weren’t adding enough value to justify their roles. If we’re being honest, there’s probably more inefficiency still left in the system.
If Nike is doing so bad
Why don’t they change the people on the executive level? Should changes not start at the top?
Nike hiring bact at IRS
Nike has just posted multiple openings at IRC to backfill the roles that were laid off. So, in other words, it was not a layoff, but simply outsourcing.
I don't think it's over
I believe we'll only be safe come Monday.
RTO?
Are we all going back to the office 5 days a week? Does this mean remote work goes away forever?
How I think we can win now
First, STOP WITH THE CONSULTANTS FOR OUR STRATEGY 👏🏼👏🏼👏🏼 They don’t know the business like we do. They don’t understand what has made Nike Nike. Second, FOR THE LOVE OF ALL THINGS SACRED STOP CLOUT CHASING. It’s honestly an embarrassment at this... — read more
I'm not picking up someone else's work
Somehow, survivors of layoffs are just expected to absorb everything, regardless of whether it fits their role or skills. Management makes zero effort to redistribute work sensibly. They just dump it on us. Not my problem that they cut based purely... — read more
Exits done?
Looks like it's over, at least the exits part. Guessing we get the email tomorrow, unless they are waiting until all the "touch base" your title is changing slightly meetings are over
Do we still get PSP if we were laid off?
I was confused by the documentation around PSP pay out as it said if it happened in the final month of the fiscal year that you would get it. Assuming since they did it in April, we will not get it, but confused since we are staying on payroll till... — read more
Mgmt RTO Monitoring and Reporting
Hi All - do you know how strictly they are monitoring things? What's being evaluated and tracked?
Adidas vs Nike
Adidas told Kanye West to pack it up and took the hit. Cleaned house. Nike keeps doubling down with Travis Scott looking for a shortcut to relevance. Adidas reports earnings and the stock jumps. Nike reports earnings and the stock drops. Adidas... — read more
LinkedIn Done Right
Saw someone on LinkedIn posted the best message I’ve seen. No s-b story, no anger, no how bad it’s going to be without them, etc. Instead a message on helping pick others up, laugh, smile, etc. Reflection wasn’t self promoting of all their... — read more
AirMI carnage
Talked to a former coworker who has survived the carnage at AirMI. The breadth of layoffs on the technical team is breathtaking. Either the plan is to move airbag manufacturing overseas and ignore all of the IP-related arguments to keep production in... — read more