Any chance the earnings report was just an early April fools joke?
Down 9% AH
Despite saying “win now” a gazillion times, the numbers still aren’t showing it EH’s tone not helping. Felt like I was getting yelled at.
At this point, it's just rolling layoffs
That's improvisation without a plan.
Q3 earnings call reaction: Here is an idea
Stop laying off every 3 months. Do one and done. Stop changing plans please. People will be more productive.
Q3 actions were the "largest" headcount/reorg impact in tech/supply chain.
While this doesn't tell us the exact number, we saw 775 jobs cut in supply centers, so the figure will probably be less than that, especially since tech cuts turn around higher cost reduction per head than distribution centers.
Who is getting cut this week?
Seeing LinkedIn goodbyes - what groups are getting cut this week?
Tech Layoffs - Week of 4/19
Heard this rumor today. Anyone hear similar?
VP promotion outcomes vary across race and gender (2017–2024)
From 2017 to 2024, a directional comparison of VP promotion outcomes relative to the Director+ feeder available population suggests non-white males were roughly 4× more likely to reach VP than white males. Non-white females show a similar pattern at... — read more
Nike Stock - Feels Bad Man
If you had invested $1000 in nike stock back in 2015, you would have about $1000 now. If you had bought $1000 of Nike back in 2015 and sold at the peak in 2021 you would have had roughly $3673. If you invested $1000 in Apple stock in 2015, you... — read more
Speaking of scandals
Remember around 2020-21 When a certain VP got fired for letting her son resell Nike shoes in bulk that were purchased on her corporate credit card... I didn't realize she changed her name and is now the CEO of Footlocker. Talk about failing upwards
it is best interest of NIKE that NIKE should be kicked out of DJIA
Nike should be out of DJIA and don't mix with prima donnas. Get out DJIA and start from bottom with hungry attitudes without worrying about trying to meet financial expectations of DJIA members. Being in DJIA is hindrance to NIKE. Seems like Nike... — read more
Why are performance reviews here such a joke?
I was just thinking about this, the feedback I got for the last review was so vague it's meaningless. What's the point of it? I know I'm not the only one with this issue.
The Silver Linings Layoff Playbook
If layoffs were executed according to the following playbook Nike would almost certainly be better off. Let go of employees at the Director level or above who: Started at Nike post 2010 Have only worked for Nike Were ‘promoted in place’... — read more
January Data Breach
https://www.kptv.com/2026/03/30/california-woman-files-class-action-lawsuit-against-nike-after-data-breach/ Another class action
New GT Org
Here's my objective proposal to help make GT more focussed, leaner & stronger: 1) Have one primary domain leader. Merge Sr Director Engg & Sr Director Product into one role and have engineering, product, architecture roll into that one leader. 2)... — read more
Predictions for Tuesday
Category 1: Layoffs news Category 2: Stock price
Team is still missing the most critical roles
Since three reorgs ago. Oh well, not that I care if any work is being done.
Every few months they shake up the whole structure again
I can't keep track of who I report to anymore or what I'm supposed to be working on. Projects constantly get started and then abandoned mid stream. Can somebody explain to me how this complete chaos benefits anybody, including Nike?
We're in managed decline
Don't expect a turnaround. There's no real intent to bring back the old glory, not even to improve from where we are now. They'll cut until there's nothing left. We've been stagnating, and I've yet to see even a hint of vision behind any of the... — read more
Nut Up
All you need is charisma to lead when things are good. Things are not good and need to be led with tough decisions and swiftly. For tech he needs to cut at least 2/3 of employees and give the remaining a 5% raise to get folks out of slump. Cut all... — read more
the new GT strategy is adoption 3rd party solution
All in-house solutions, especially those in FPE, are no longer viable. Adoption solutions from the market is faster and allows the use of professional solutions, so adoption doesn't require as many engineers as building. Hence the reorg and layoffs.
EH has been in the driver seats for 18 months and so far he showed nothing
WHEN WILL HE COME OUT NEW STYLE OF SHOES THAT REGISTER WITH PEOPLE!!! Where is next AF1, AJ1, Cortez? Next Air technology or Air Max technology? What is upper management doing? Other than figuring out how to cut the company and retreat!!! If EH... — read more
No work from home E-mail today?
No work from home E-mail today? No reorg coming week?
$40 stock?
Maybe if we’re lucky. There is no growth story anywhere to be found… No cool factor and dusty as ever with the retro cycle continuing. $40 stock at best.
No style
We should use AI to design our shoes, it has to be better than what’s come out recently. Tech will sell them for yah, if you make something worth selling!
I hope I'm on the list this time
I just can't do this anymore. I'd take anything else at this point, even something that pays less. I know the market is rough, I know the odds. But I've got savings, severance would buy me some time, and I'll figure it out. There will be other jobs... — read more
What is the expected scale of layoffs at GT?
We have 9k staff at GT right now. Will the cuts be 500, 1,000, or 2,000?
Don't expect layoffs to stop any time soon
This isn't ending anytime soon. They've been cutting consistently through the last several years and that seems to have turned into a business strategy. They're not even trying to hide it anymore. If numbers need to look better, why bother with... — read more
How many hours are you actually working?
Be honest... how many real hours are you working per week? Not meetings or being online… actual focused work. 10? 15? I think most people spend their time in meetings instead of actually working.
Can stock fall below 50?
Is it possible? When do you think it will happen?
Stock price prediction thread
Place your bets! Where will the stock price will land on earnings release day?
We already know about layoffs in PHK, EMEA, PTC, when in ITC?
unless they get ”special” treatment again …
Adidas WC Jerseys Blow Ours Out of the Water
Sad to see how nice the Adidas WC jerseys look compared to ours. Is this a continued sign we are going down?
Tech
Hope this isn’t going to be a big nothing burger. For all the non work, waiting around, and lack of direction, cuts should be deep enough to affect operational costs or it’s another failure.
Nike Director+ (U.S.) Leadership Diversity Trends 2015 → 2024
Estimated — Nike Director+ (U.S.) Leadership Diversity Trends (2015 → 2024) • White (non-Hispanic): ↓ 12% - 15% • Non-White (racial/ethnic minorities): ↑ 45% - 60% • Women: ↑ 20% - 30% • Men: ↓ 15% - 20% • Minority leadership: ↑ 30% -... — read more
PTC GT Organizational Update Email received - here it begins
Re-org email from RA received in the morning - here it begins. Seems like PTC is the first geo that starts the re-org. Per email local consultation requirements are starting this week. Other geos, good luck - you are next in the row.
Just a Reminder
AC's a walking lie. Every word out of his mouth is garbage—nobody believes a damn thing he says. He’s not a leader, he’s a joke. Terrible speaker, zero tech knowledge, just hot air and buzzwords. And yeah, he’s right there helping ship our jobs to... — read more
Get it over with!!!!!
Please say we at least get the WFH next week this Friday, it’s time to be done.
Has MD’s failed tech strategy changed
Is the now tech strategy different from MD’s? and if not, aside from new LT appointments, why the layoffs considering a justification was given for the last reorg was mere months ago. Is the comp bleeding that bad?
Getting mentally ready for another toxic week at campus
Spring break should be less toxic, so I hope…