2020 PK: get me an old white guy to run my company. Must hate sports. JD: As thou wishes, my master 2024 PK: What the he-l happened? $2 billion in market cap gone. Get me an even older and whiter guy. Must be retired. EH: Woo! Giddy up... — read more 

Radical change coming by end of year. ** Geographies ** NA moves all data services to Toronto eh, Digital hub that costs less. JH comes back to lead. EMEA HQ moves to Ireland, as the tax accord with the Netherlands is done. Irish EM (former... — read more 

Are they going to share it??

From 1 November, CS will lead the DTC org. MBL will be moved to Pres of Jordan, SM will be moved to lead CPB.

Fascinated by the amount of text, emails and other types of messages from ex Nike employees asking about returning to Nike. Some of you, yes, absolutely, come back. Most of you, naw, stay away. Grass is not so green on the other side, is it?

Nobody cares about cheap plastic slave labor product anymore. Nike shoes will wind up fodder for arcade skill cranes at best. Nike is worth less than before COVID-19, but the money supply has jumped by 38%. This means NKE is worth about half as... — read more 

Linkedin profiles are going viral and the feeds are flowing with positive conversation on the newly appointed CEO, EH and the retirement of JD. And as I read these posts, many allude to bringing back the 'old nike', encouraging former leaders who... — read more 

At least it appears they are trying. I don’t know what will come out of it, but we know for sure that the way things were we had no future. I do want to keep my job, and I know there are better chances at that if someone actually goes for reinvention... — read more 

Can someone explain to me what it is that a board of directors does for a company generally, in addition to for Nike specifically, and whether they have any accountability over the misdirection of the company over the last 5-10 years?

President of Consumer Product = needs to wear the failed strategy of DTC Chief Strategy Officer = right hand to above and executed failed said strategy, useless current position CFO = he wanted to be CEO, ego is to big, board overlooked him, he's on... — read more 

Is Elliott Hill’s style to keep the stock afloat by thousand cuts, or can we finally expect an actual attempt at strategy towards growth? If it’s going to be more of the same, I’m out.

“Putting the human back in Human Resources”. Remember that?

Seriously???

A lot of you will complain and say you’re more effective at home and you want to live wherever and look at this company over here they’re fully remote blah blah Nike doesn’t care. EH doesn’t care. 5 days in the office will be a reality in 2025. So... — read more 

for all the good articles that are going to dive into his tenure and tell us all the real stuff. The backstabbing and whisper campaigns, lol and what his people really thought of him. That Bloomberg article was just the tip.

Kate Ridley to take the helm of product and brand once HON is out as of 1 November 2024.

I’m somewhat skeptical. First of all, we lost a lot of talent during badly managed layoffs. They were done only with cost-cutting in mind and without a thought about the future of the company. Second, he is an old guard. Can the old guard save us... — read more 

….And charter a plane to fly over Portola Valley with a banner saying “Winning isn’t for JD”

She’s a terrible person and also su-ks at her job. Bad combo.

I’m assuming when Elliot gets in seat he’ll spend some time to reevaluate the organization again and plan on doing another restructuring and layoff. My assumption this will start in announcing around January and begin in March again. Probably start... — read more 

It's eye-opening to see EH return to Nike after retirement, especially considering his previous tenure was clouded by a series of troubling issues. Under his leadership, Nike faced multiple lawsuits and allegations related to s-xual harassment... — read more 

We should be serving as advisors to JD, not the other way around. Our first kernel of wisdom: “Don’t let the door hit you on the way out!”

We made this happen. All of us on here. Nike has been monitoring this site and sentiment

This feels like a move to preempt Q1 earnings call.

I used to hear this a lot pre-JD and in our growth years of Nike. Seems like we need to focus on “what got us here”! I’m still shocked that Mr. Knight allowed this to happen to his company. Even further, he endorsed what JD was doing. SMH — read more 

EH must change a lot of the current leadership, which then leads to the org structures. Maybe not mass layoffs, but restructuring will happen again.

Let me start off by saying I was laid off so this is not a JD sympathy post. He should’ve been the first one to be laid off in my opinion. But is not a good sign when the company has to turn to the old Gand to write the ship. It did not work out for... — read more 

After reading the Bloomberg article, it's clear the BOD doesn't know a thing and are just as out of touch with both the consumer and the company as JD.

Serena was electric this afternoon. Thank you MP and board for announcing this on a Thursday so campus could celebrate together! Haven’t seen so many happy faces in a long time.

Starbucks announced on Aug 22nd. We were all hoping then, either Bill Ackman or some other activists would come and force change. Fast forward 3 weeks, we saw Bloomberg Article. Few more days from that, John Donahue “The Bain mo--n” was booted... — read more 

Hmmmm, i’m not sure why?

Care to chime is? How is he as a person? What is his leadership style? What makes him different from others? Does he care about the customer? How about the employee?

Wow, what a run

Proof: weeks ago devoted “unwavering confidence and full support” of JD. Now we’re here. When Phil dies, who holds control of the board? Travis?

How about digging us out of the hole first? Then come up with the actual growth strategy, not some stock value boosting scheme, Also, next layoffs - try not to cut people wholesale and put some effort into selection which will allow for talented and... — read more 

For new folks here, there is a large "ACTIVE" button right above the first thread... you can use it to see what posts had recent replies. That's it, that's my post. Anyhow, I hope this helps someone. Good luck all....

January 18 2024 Elliott Hill will he introduced at CEO in late Feb It’s official, wait for it. https://www.thelayoff.com/t/1qDv30oL @OP+1qDv30oL ======================= July 12 2024 Next step, put EH into the big seat, and make sure he's the one who... — read more 

Until after stock purchase next week?

https://www.thelayoff.com/post/@OP+1qDv30oL

Good riddance! Really hope Elliott cleans up the C suite. What a mess! HON, MF, MM would be a great start. JD created quite a mess, so I know we have to be patient while he digs us out of this dumpster fire were in.