Hi my name is Lily Meier and I am a retail reporter with Bloomberg News. I have written a lot about Nike going back to the Donahoe era, with our story, "The Man Who Made Nike Uncool." I am hoping to chat with current and former employees, and happy... — read more
No need to worry about severance
One of the most important reasons Nike severance is generous - and will remain so - is based on a cold but practical consideration: there is a direct causal link between amount of severance provided and subsequent employee legal claims for wrongful... — read more
Let go in April, it does get better.
After a few incredibly tough months, I was finally able to find something, something even better. More than anything, I feel a sense of relief. Relief in being somewhere where I’m not constantly wondering when the next round of layoffs might... — read more
What are legal yet sketchy ways to prevent Nike from being able to lay you off?
Any ideas? Even if temporary. You only need to survive +- a few weeks of the actual event. Thinking a well timed medical leave. Or?
How they decide the cuts
Anyone know how they decide who will get cut? Do they hire someone from the outside? Do VP decide? Do they just pick departments and cut? How do they pick who is spared.
Now I Understand why we are where we are
Not me overhearing a group of employees at Joanie’s talking about how they show up for work 1 hour a day to scan their badge and say hello to their bosses and then leave for the day. I’m curious how frequent this happens lolz. Paying a bunch of... — read more
Maxim awards
Are they really going to give out Maxim Awards to people they’re going to fire a few months later? Didn’t they give out maxim awards to the team that pumped the market full of retro shoes? Didn’t they give maxim awards to the team that started... — read more
These people always fail upwards
David's Bridal Names Former Nike & Magnolia Finance Executive Kathy Cherian Chief Financial... — read more
Why are we spending so much with landscaping?
trim down bushes? Fine New construction, expanded water fountains? Why? How many jobs is that ?
Read the article
The same comments have been made on this site too: https://www.foxnews.com/outkick-sports/nike-ceo-may-have-admitted-company-went-woke-stock-hits-12-year-low
Summary of severance information
I imagine like many of you I'm trying to calculate what the severance payout will likely be for the thousands of us who are facing down the likelihood of being laid off. I had an LLM summarize everything it could find on the previous threads here to... — read more
Even if
Even if product teams could actually make products that teens want, with shipping tech to ITC or going all in on Accenture, we’ll never lower digital order cancellations or get product to consumers with our awful sec system. All tech sr managers and... — read more
Resigning tomorrow
Any tips? Got an offer from a competitor and I’m a little nervous about the process, as there is no written protocol as far as I know. Thanks for the insights on this site. It has both driven me crazy and made me sane at times.
I was at UA when UA went through slide with management kept cutting backward
until they hit complete bottom in which company has been parked for few years with stocks around $4.00. It is Deja vu but Nike is same slide and I have same feeling that I had when I was in UA. With upper management clueless and losing a lot of... — read more
I'm in tech
Is there any point in waiting to see what's going to happen or should I just start looking right away, considering predictions for tech?
Any info on where cuts are happening?
It seems pretty sprawling… Obviously there will have to be some deduping in APLA, but pretty vague on where the cuts are happening in global. Any indication where additional cuts and restructuring are happening?
Converse Head of Tech
What credentials does she have? Anyone who questions her is in fear of getting laid off or leaves out of frustration. The lack of accountability at Nike is infuriating which is why we are failing. Get rid of these toxic leaders who don’t value... — read more
few months back I floated the idea that best way to fix Nike is to
break up the company in few different segments and hire CEOs to run each segments with more independence and flexibility. And report to one big CEO who oversees them all. VPs are managers without a lot authority and independence and that plans so... — read more
A Reality Check!
Let’s be real for a moment. Posting rants, slamming, or bad-mouthing EH, VA or others doesn’t actually change anything. It might feel like a quick emotional release in the moment, but in reality, it rarely accomplishes anything positive. Worse, it... — read more
“And beyond”
Does anyone feel like the “beyond” timeframe was just to cover themselves to lay more people off year round and into the next few years without giving any more notices?
Enterprise Architecture
Hopefully they have come to their senses and bring back a strong centralized Enterprise Architecture team. The lack of high level forward thinking vision is staggering. Most rank and file engineers can only think about the story in front of them... — read more
Revitalize the brand
Nike needs to cater to its new core audience. Colin Kaepernick is still unemployed so how about a new social justice campaign with him as the front person? I think Nike can still turn this around and own the floor.
Nike Announces Bold New Strategy to Reorganize Its Previous Reorganization
BEAVERTON, OR — Nike announced a sweeping transformation designed to simplify the transformation created during the previous transformation, which had simplified the transformation before that. The new strategy is described as getting back to sport... — read more
As a former MBB consultant, I think Nike is focusing on the wrong things
M7 MBA here. You do short term cost reductions on a company that isn't profitable. Nike IS profitable. We have this constant pressure for growth, as any publicly traded company has. The economy isn't at its best years, sure. Nike can and will... — read more
This is the time to start a union. Nike at its best weakest.
Union could fix Nikes problems. We can walk off
ELT Comp
Still can’t believe these bozos never withheld their bonuses, raises, or did anything of material significance to show they are in the trenches. A lot of talk about sports leadership but none of the values demonstrated.
Resignation
Does anyone know if, when you resign from Nike, they typically have you leave that day or allow you to work through your notice period?
Volunteers
Do we think they will ask for people to volunteer and get a package or just be hacking away next year?
What happened to Win Now!
Not once was it mentioned in the All Hands. Did PACE take over for Win Now strategy? iWhat is going on? What’s next? These “leaders” are flailing.
VA and EH need to go
VA and his lunatic crew need to go first, with EH right behind them. EH has been letting more people go than JD ever did. At this rate, VA will soon take over completely and water the brand down to something barely recognizable.
This is why it became PHK. WHQ no more.
EH is a pathetic leader. The board is a disaster. PK is fading. JD was also a disaster. SKIMs. What can I say. DISASTER. They never trusted the people close to the work and close to the customers to inform decisions. Old guard = fatal... — read more
APLA?
Are they telling us everyone in APLA will be goners FY28? Seems like LATAM is going/staying in Mexico. AP in GC so there goes those jobs. Do they move people to global or NA or just let them all go? Thoughts?
Nearshoring Manufacturing
Footwear isn"t easy to manufacture in the US unless it's basic stuff. Oh that's right, Venky doesn't know anything about shoes!
This long term plan is not enough
I appreciate that EH is claiming there is "a" long term plan. But that is not enough. It will help make the numbers look good with a smaller footprint, maybe a more efficient supply chain. A different geography organization... fine. But that's not... — read more
Newest strategy: REHAB
Injury is part of sports. And we are calling our latest strategy for corporate recovery as REHAB.
Toxic positivity
Here comes to toxic positivity, all the id--ts who drink the kool aid will tom tom about how they are lucky to work for such a great brand and then have learnt so much and of course the people! Either they are true id--ts or they trying to su-k up... — read more
APLA prophecy fulfilled
Can’t believed I’ve been here long enough to see the running joke of new GEOs and disbanding APLA becoming a reality. What else did we missed?
Nike is hiring more VPs, directors and managers.
They want more layers. Common sense does not work for this company. NOT aLL, but Most current, designers are useless and design worthless cr-p too.