Downvote for no. Upvote for yes.
What is Nike planning for Converse?
What is Nike planning for Converse? Over a hundred people laid off a month ago and technology cut 2/3 of staff. Moving it all to Beaverton?
Why did they move earnings?
The call was scheduled for the 19th but it's the 31st now. Anything to do with layoffs?
CS and APLA, APLA and CS
APLA is nothing without CS. This is why I'm writing the appeal the decision made up above that CS moves to Greater China which is not a good idea. CS needs to stay in APLA at least until it's broken up. GC needs a local to the Chinese market.
Can we go back in time?
Remember when we had good pay, solid benefits, and you could move up without nepotism or a-s-kissing? When having Nike on your resume was an asset? Can we go back to those times? I miss liking my job. I truly do.
GaME Engineering Leaders
Haven’t seen anything remotely good. Can only imaging they will be impacted in the next round.
Leadership is the weak link at Nike.
There is no reason to try harder. If you see your leadership coasting… coast harder. If you see your leadership failing to make a decision… stall on decision making. If you see your leadership throwing their peers under the bus… do the same with... — read more
Dad shoes
Our highly paid creatives couldn’t anticipate the 80’s and 90’s teen loyalists would soon be middle aged and market a dad shoe to them before new balance did? For Christ’s sake, get a clue.
Nike stock!
Eh is the best
Tech PMO
Heard Technical Program/Product Management Org is going to be heavily impacted this time. Is this true? Any insights?
Let’s be real….
We can do tech layoffs, that’s fine. Tech is too bloated. Unfortunately that’s not going to fix Nike. We need some hot product and strong marketing. Until that happens, nothing even begins to get better. Ugly shoes with ba--s on the bottom or... — read more
I have 3 jobs. In Tech
And I still out-perform my ‘coworkers’. And we’re surprised about layoffs?
I've made my peace with it
Which means I don't care about layoffs, reorgs, or anything else here. Paycheck until I'm gone, that's the extent of my commitment. Leadership clearly isn't invested in turning this around. So I expect nothing, and I care even less.
GAME tech reorg?
9am meeting was just put on the calendar for tomorrow. How bad do we think the cuts are going to be?
Nike stock value
In November of 2021, nike stock traded at nearly $170 per share. Five years later and the stock is trading consistently sideways in the low $60’s, with no end in sight. Despite leadership purchases, leadership changes, constant layoffs, reorg’s, buy... — read more
Its happening at ATC
No context, just stuff hitting the you know what.
Severance question
I got laid off recently. They sent a letter saying my last day is 8 weeks from then and $k amount as severance. I’m getting paid for these 8 weeks, at the end of 8 weeks do I get $k mentioned?
Really hoping this waits until April
I can't handle anything else right now. I'm already stretched so thin that losing my job this week would genuinely wreck me.
Is itc2 real?
Could not find any evidence Nike bought another building in India.
Is there any severance package for IC levels?
Like SWE II-III type titles.
Which week is it going to happen?
Just saying Q4 is too vague. I can’t handle feeling unsafe for 3 months.
Glad I left Nike
I escaped Nike and reading these posts confirms it was the right move. I can't imagine being inside that mess right now. Good luck to everyone still there, I truly hope you find your way out.
We're all replaceable by design
Every single one of us will get swapped out once someone cheaper shows up.
What would happen if all tech VP and SD were let go tomorrow?
Real question. Realistic answers please. Would we be better off? Would chaos ensue? Could the Dir level successfully form a coalition and get $hit done?
flatten all the orgs
what's up with all this vps reporting to vps? we talk about flattening nike but keep hiring more sl.
Tech - VP, Sr Dir & Dir
Does anyone know how many VPs, SDs, and Ds there are in Tech? If layoffs are announced, how many do you think Nike would need in that organization, assuming they are good‑quality leaders?
Yo Elliot
It’s pretty clear given AC has only 11 direct reports and 200 additional people took the time to upvote how awful of a leader he has been, that you have a problem with tech leaders. Just layoff and don’t replace. Leader of tech RA is likely breathing... — read more
$417 Billion in value lost
Between the all time high stock price in late 2021 and now, NKE value dilution is nearing half a trillion. Why are we holding on to our CFO?
Old Boys Network
Gen X female here… The “old boys network” doesn’t refer to us all being se-----y as--ulted or discriminated against. It was a time where the focus was sports and the athlete and grit. It was before we offshored everything to folks that know nothing... — read more
Tech Gut Coming
ITC is about to get full, what's the point of even doing anything right now? ITC crews are absolutely horrible at their jobs, but man are they cheap and desperate. Why do their jobs now so we get the axe next week?
Id--t Hill needs to go
Id--t Hill inherited Nike when the stock price was $85 and in a span of 1.5 years revenues have declined, margin down by 27%, stock in the dumps. He could have achieved this even without the layoffs. What exactly have layoffs achieved? He didn't... — read more
Global Tech Layoffs: Rumors and Facts
They'll be global US layoffs to be executed in Q4. Other regions usually take longer for legal reasons. Exact US timing likely to be around 3/20 earnings. I heard people say both before and after. PHK teams with members in ITC or PTC are... — read more
Micromanaging me into madness
New manager won't get off my back. I'm good at what I do, yet I'm constantly interrupted and second-guessed. They're relentless, especially with me. No clue if this is just bad management or if I'm being set up for cuts. As if I don't have enough... — read more
Goldman Sachs warns that accelerating AI adoption could raise US unemployment...
Major firms announcing AI linked job cuts include Nike, Amazon, Meta, Dow, HP, Allianz, Telstra, WiseTech, Pinterest, Autodesk, MercadoLibre, SEB, British American Tobacco, and Agora. Goldman Sachs warns that accelerating AI adoption could... — read more
No growth, no security, no point
You get stuck in your role here with no real path forward. Management doesn't care what you contribute. Strong reviews and extra effort mean nothing when they decide you cost too much. The layoffs come for everyone eventually. Only come here if you... — read more
Layoffs are coming really soon
I just heard 2nd hand from top brass that layoffs are coming and very soon. Be prepared.
Is it time to Unionize?
1% of your salary to union dues, would buy you a ton of protection from the (allegedly) fraudulent leadership we have. Do you want to just keep rolling the dice on endless layoffs? Or have a much bigger 3rd party with all the legal resources... — read more