"Given our needs for the future, the past performance of the business, and after conducting a thoughtful succession process, the Board concluded it was clear Elliott’s global expertise, leadership style, and deep understanding of our industry and... — read more
JD must be surprised
How did he keep Nike job for such a long time.
Farewell card for signing
Will leave it with the admin. Please come and sign to wish him good luck firing and "managing people out" somewhere else. What would you write? I am impressed of your high IQ, and your low intelligence. Best....
JD managed out?
Karma is a bi--h and JD got a taste of his own medicine. See you later bamf!
Ding Do-g the D*** is Gone!!!
Thank you Lord!!!!!! And a great selection it is. Even better it isn't HON!!!!
JD is OUT!!!
Will be replaced by Elliott Hill https://www.cnbc.com/2024/09/19/nike-ceo-john-donahoe-is-out-replaced-by-elliott-hill.html
JD is out
https://www.cnbc.com/amp/2024/09/19/nike-ceo-john-donahoe-is-out-replaced-by-elliott-hill.html
EAS
we know it’s going to be bad but the longer you drag this on the worse it will be
JD broke Nike while earning 3x the previous CEO’s salary
Nike used to be a well-oiled machine with a solid formula for winning in both sports and sneakers. Then JD came in and completely changed the game, throwing everything off track. He wrecked the category offense, lost ground in sports, burned bridges... — read more
WHQ in Oregon (where nobody wants to live)
I wonder how much of Nike’s WHQ turnover rate has to solely do with it being located in Portland, Oregon. Not too many people actually like living here. Yes, everyone likes the nature and food scene in the surrounding areas but other than that... — read more
Voting Sham
In the voting email sent out by Mo, there was a direct slap in the face for AirMI employees in Oregon. If you read closely AirMI Oregon is told to vote by mail while all other employees in Oregon are afforded time to go vote. After reaching out to HR... — read more
Full RTO
Amazon just announced they'll expect their employees back in the office five days a week starting in January. They're opening the season, and you know many will follow. I'm betting we'll get a similar announcement if not before the end of this year... — read more
Recommend working at Nike as SWE?
Do you guys recommend working for Nike as a SWE? Is the pay + benefits really good there?
The man who made Nike uncool
https://www.bloomberg.com/news/features/2024-09-13/nike-nke-stock-upheaval-defines-ceo-john-donahoe-s-tenure
State of Nike
I’ve been gone a while from Nike. It’s a company that I love to the core - but the Nike I knew probably closer to 7-10 years ago. It’s agonizing seeing the change from the outside, and the destruction of such a unique place. I was senior (in the VP... — read more
The man who made Nike uncool
https://www.bloomberg.com/news/features/2024-09-13/nike-nke-stock-upheaval-defines-ceo-john-donahoe-s-tenure The vultures are circling. The article goes easy on him to be honest.
Nike’s 1-2 Year Outlook
Over the next 1-2 years, here's what to expect: Nike will issue further lowered revenue guidance for FY25 during the upcoming earnings call. This will lead to shareholders completely losing confidence in the current C-suite, causing the stock price... — read more
Toxic Apparel Global Sourcing & Manufacturing
Does anybody here work in Apparel GSM? This org and teams have gone to s#!t. We basically got rid of all the leaders that actually knew what they were doing and replaced them with new people from different orgs that don’t have a clue what is going on... — read more
Is Heidi still employed?
Asking for a friend she laid off
We lost of lost of competent people and it feels
They really managed to weed out a lot of talent, competent and hard working peeps, and those who were the backbone of their teams. They also kicked out dissenting voices. Many people who would be able to contribute significantly to whichever revival... — read more
Did anyone else not receive the RSUs?
Paystub says 9/10 but still nothing!
All Employee Survey
Employee survey results are bad. The comms team is scrambling to cover it up. They are afraid to open up the chat at the next all hands meeting. The VP’s are all trying to save themselves on the comms team.
Do we have any lawsuit updates?
Anyone have any updates on the two retaliation lawsuits? One named LJ and RL, as well as an SEC investigation for SOX violations. The other I think had to do with NDP. Also, anyone know anything about the SEC investigation?
Nike layoffs send world HQ employment down to 2016 levels
https://www.bizjournals.com/portland/news/2024/09/10/nike-employment-decline-2024.html
The worst job
Working at Nike has been the strangest experience – the longer I've been around, the less anyone seems to care. It's honestly the worst job I’ve had, ever. You'd think sticking around would earn you some respect, but it’s the exact opposite. The... — read more
How about Footwear Leadership
All this talk about JD getting the boot but what about Footwear Leaders? Been the same Leadership team for the last 5-6 years. Someone needs to take accountability for all the product decisions that have gotten Nike in this predicament.
geo restructure, happening in Q4 2024 (actualy Q4 nike fiscial) will look as follows:
NA VP/GM: CS EMEA VP/GM: CG APAC VP/GM: AD LATAM VP/DIM: DB
Nike shareholders have voted against proposal on workers' rights
There you have it
Stock price once Q1 earnings are released
Any bets? Up? Down? Sideways? Let’s see who has the closest guess!
End of Hypercare
I’m scared. 😱
FY25Q1 predictions
Any predictions on Q1? Will this be a nail in the coffin for JD. Will it be his redemption? If he does announce his departure, will that bring another significant reorganization?
SLT Execs have Bain Consultants Reporting to them
check the org charts in Workday you will see Bain consultants reporting directly into the CFO and the CSO as well as other c-suite at Nike. This is free for any employee to check... Why do they have external management consultants reporting into... — read more
New Rounds of Layoff Today
Just notice a new round of layoffs happening today primarily in recruiting and TA. Any other departments affected?
What happened to VP's RTO mandate?
GT VP's were supposed to move to WHQ before end of summer. I still see them working from the comfort of their homes. Why are troop's required to be in office when VP's can work out of their home?
Can the board just fire JD today?
It would most definitely help our poor stock 💀
Shareholder Proposals
https://www.propublica.org/article/nike-shareholders-annual-meeting-climate-worker-protections "Every one of the 18 Nike shareholder proposals to reach a vote since at least 1996 has been rejected, according to news archives and securities filings... — read more
Welcome to the Nike Corporation
(To the tune of "Hotel California" by The Eagles) Verse 1 On a dark corporate highway, consultants by my side, HON in her designer gear, just along for the ride. Up ahead in the distance, I see the market’s decline, But I’m cruising in my private... — read more
JDI Day?
Is JDI day not happening this year? Feels like we should have heard something by now. Eliminating it is an obvious way to cut costs and last year was a big step down from years prior. But, it’s a sign of the times if we don’t even have the Nike... — read more
Walmart Ad
Everytime I’m trying to post on here, a Walmart ad prevents me. Do you think this is some bug Nike HR introduced?