Insanity is doing the same thing over and over and expecting different results. This is the umpteenth round of layoffs and every time they sell us a story that this time it will be different. This is like a cheating spouse tell their partner they... — read more
Shoe Slog
Sequel to Shoe Dog. Starring JD and EH.
Set up yourself for the joke
How can you move to PACE when it’s so obvious everyone will turn that into “you need a PACEMAKER”? Bad PR move.
Just Take Me Out Back Already
So much pageantry. So much suspense. All for a game of thrones style underwhelming finale. Four or five months heads up that "we'll be making adjustments throughout fy27 and we don't know who will be impacted" isn't compassion or clarity. Its... — read more
C’mon man
Women’s bball shoes are not going to get teens wearing our products again Shipping jobs to India are not going to get teens wearing our products again Running shoes are not going to get teens wearing our products again Skims are not going to get... — read more
Layoffs right on time for GT RTO
So I know that this is bigger than GT this time, much bigger, but the irony astounds me. A whole costly office infrastructure process just to lay off probably 1/4 of the people who will be there. More if they plan to force all of GT to India. Put... — read more
Joanies
Grab a spot at JBS to witness the first ever lap around the lake in the buff. I am all set ....
Betting on India
Let me be clear, I admire and really enjoy all my coworkers from India. They are so happy and super smart. But investing in India as a sports company is not the right move. They don’t really play any sports at all high level other than cricket. They... — read more
Write something constructive - they read it
I'm convinced that the top executives get some kind of curated list of the feedback that is written here. I saw several complaints in this site that "there is no long-term plan". Maybe there is, maybe there isn't... but now EH is claiming there is... — read more
Well, we have been asking for a long-term strategy for a while
I just wish we got one that makes a bit more sense than this mess.
The Metrics are clear for the new CFO
Nike is currently making 636 k per employee and spendind avg 250k including benefits and bonuses. They need to get to 800k per. 300 mil severance don't expect the large ones like the past. Looks like a 4k cut and no bonuses
The Emperor with no clothes
Who else is excited to hear the emperor with no clothes sell us a full assortment during the all hands that is about to start?
Win Now??
Wait three years to drop a signature shoe for possibly your highest potential signature athlete in your stable. When you finally drop it, you drop it on the day that she gets eliminated from the playoffs And even worse, the headlines for your... — read more
This feels like the end for Nike….
It’s going to be a slow decline
Nike is cooked
From a former employee looking in - Nike has essentially waves the white flag. "We can no longer afford to pay a fair wage so they will go somewhere they don't have to" At the same time they will continue to try to act like they are the "it" brand... — read more
Someone asked Albert Einstein after WW2, what WW3 will look like
and he said, I don't know but I know that WW4 will be fought with sticks and stones. I know what year 2 of the EH's leadership was like. I don't know what he will do in year 3 but if he is still with the company on year 4 then I know we will be... — read more
Venky's Foster Kids
Venky is fostering a bunch of non-qualified leaders and rotating through the VP roles across his organization. Look at the team he has, and all the different roles they have taken in the last 6 years. It's not normal to have VPs rotating through... — read more
What would you do?
If you get to be in the driving seat for this turnaround, what is the "one thing" you would do to make it happen quick?
HON and JD did this!
They have now moved into the space of sc--wing up the Portland housing market! Finding irony in the fact she can’t sell her house!
From WIN NOW to PACE
This is comedic gold. Just too much irony. Drop your best jokes in the comments
1 billion for severance https://www.sec.gov/Archives/edgar/data/320187/000032018726000184/nke-20261001.htm
The Board of Directors of the Company approved steps to implement the program, which are expected to result in pre-tax charges of approximately $1.0 billion, which is in addition to approximately $0.3 billion of severance costs recognized in fiscal... — read more
old geese is quacking again!
will keep quacking quacking until it takes everything down with it!
What is PACE?
PACE is the codename for Nike's massive corporate restructuring and operating model overhaul, announced by CEO Elliott Hill. Stripped of corporate PR speak, it is a sweeping plan to slash costs, shrink headcount, and untangle years of sluggish... — read more
what date it would start?
Nike announced that decisions about impacted roles will begin in calendar year 2027 and beyond. Based on how Nike and other large companies have historically handled layoffs, when do you think Nike is most likely to start notifying employees in 2027?... — read more
Has your leadership done anything to motivate or inspire you in the last quarter?
Downvote for no. Upvote for yes.
Let’s spread some positivity for our all teams
Come on guys, it’s not over yet. There’s a big chance we will bounce back. Let’s support our leaders tomorrow during our All Teams, let’s stop with the negativity, it’s not going to get us any where.
Just started at Nike! What a time to be alive!
Well, guess we’ll see how this whole layoff thing goes. I finally start working for the big swoosh, and they pull this. 🤦♂️ Will this be mainly tech based layoffs, or spread across all departments?
AI at Nike
Can someone tell our leadership that AI means Artificial Intelligence.. I think someone thinks it meant All India. EH is like the Biden of CEOs so I can see how he got confused
Cue the cringey Linked In posts
You know the ones. Thanking Nike for being the best place they've ever worked with the most supportive coworkers and finally closing with "there is no finish line!". . .even as they were just shown the door. "Onward!" "Just Do It!". Yuck. This... — read more
PACE yourself!
Do you think they'll do anything differently this time? Will they get rid of ballast, aka highly compensated do nothings, Sr directors and directors and VPs who do nothing but manage up, create slideware and take credit? Is there any method to the... — read more
Some of you are mad at the wrong people
Already seeing a LOT of racism on this site towards Indian people. Reminder that Indian people want the same things you do: a good job, to support their families, financial stability, etc. They are not taking jobs from us. EH and VA are taking away... — read more
Maybe SKIMMS WASNT THE RIGHT CHOICE?!
Who actually gave the green light in that BS partnership. And please tell me that ahole Travis Scott isn’t aligned with Nike any longer.
EH Must Go Now
Time to petition or picket for BOD to remove him immediately.
Signs are comflicting
The good: they finally said there is a long term plan The bad: they keep acting on short term profitability (layoffs). You can't have both ways By firing that many people they are basically signaling Nike will be a smaller company in the coming... — read more
Hi fella's, missing me? - The RAT
And you thought I was the problem. LMAO
Volunteer for package?
Genuine question. With layoff conversations happening beginning of 2027, has anyone had success with volunteering for a package in the past? How would one go about doing so?
Ruh roh
lol! Is anyone even surprised by this anymore? Doesn’t feel real that we are constantly in this state of fight or flight