Pershing and Elliott via ubs have taken stakes in Nike. Jd is toast. Good riddance,
Don't even think about joining Nike
A decade ago, I'd have happily recommended Nike as an excellent place to work. Today, I would tell anybody who shows interest in working here to run for the hills. No matter how hard you work, your commitment and performance will never be good... — read more
Servant Leadership
He flies the jet to work, we drive a car. He goes to Augusta, we got to Quail Valley. He makes $30m, we make…well nowhere close. He goes to the Olympics, we watch on tv. No one cared when MP did some of these things or when PK did. It’s how he treats... — read more
Uninspiring
https://www.thedrum.com/opinion/2024/08/05/nike-will-lose-if-it-thinks-winning-isn-t-everyone-inspires-us
JD is an embarrassment once again! Flying to/from his home on the jet while he lays off thousands during his tenure!
Is anyone surprised? WFH mandate clearly doesn't apply to JD! https://www.oregonlive.com/business/2024/08/nikes-private-jet-emissions-are-up-despite-vows-to-cut-carbon.html
Is the board watching Starbucks?
Hire a winner. Fix a broken culture. It should be simple … unless board not paying attention today.
Stock up 5% today
We should close campus more often!
Here’s our problem
https://www.instagram.com/reel/C-kKVWLtE3B/?igsh=bTh2NnFkMGR3czZt The competitive environment is stronger for Nike than it’s ever been. This will not go away.
New CEO announcement sends Starbucks stock 20% up
Starbucks announced Tuesday it’s replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol as the coffee chain tries to reverse a sales slump, sending its stock soaring more than 20%.
Sustainability Leader?
https://www.propublica.org/article/nike-corporate-jet-travel-carbon-emissions
Glad the Olympics are over
All the Nike content was triggering
Predicting stock price one year from now
What do you think—can Nike bounce back? Personally, I’m skeptical. I don't believe we have the right leadership in place, and I think that will become clear over the next year. We might see some progress as we refocus on winning and sports, and... — read more
Nike policy on outside working
Can anyone tells me what is Nike policy about having a second job that is completely different from Nike? Say for example I have had a recent change in my Nike salary (reduced) and now I have found a remote job that is totally different from what I... — read more
Bob Swan
It’s insane that Bob Swan is being elected as as a Director. He brings ZERO consumer experience to the board and is a long-standing JD crony from their failed eBay and PayPal days. How on earth is this corporate corruption allowed to continue? He... — read more
Quick to take it down?
Love how quick each and every post about NSRL leaders are taken down! Lol....That means just one thing... That is when the real scam is hidden! Fix the damage equipment!!
Bowerman footwear lab???
Saw this come up on another post. It seems like a great resource to push product creation but I don’t see anything happening there. Anyone have experience with it?
Do I have to report PSP to Oregon Unemployment?
I was let go and received part of my PSP today, and an email from People Solutions stating the amount for Q4 will be paid next week. Does this affect my eligibility to get weekly claim from unemployment? Do I have to report the bonuses from previous... — read more
Shareholder Board of Director Vote
As a shareholder I received an email to vote for new directors by early Sept. I know as much about these people as I do a washington county judge but feel like it could be important to vote in order to try to right the ship. Suggestions how to... — read more
There is still no strategy or clarity from the org changes four months later
“Across Product Creation, Supply Chain, and Innovation, we have the same leaders who got us into this mess trying to figure out how to fix it. I'm in Supply Chain footwear and I can honestly tell you, there's no way this group of leaders will be able... — read more
Dear Uncle Phil
I'm writing to you today as a concerned citizen, a disappointed consumer, and a guy who's just plain tired of seeing Nike's potential squandered by the current leadership. Let's start with the obvious: JD needs to go. He is not a winner, he is a... — read more
PSP half from last year
I was laid off Jun 28. Just curious why the PSP amount is half than what it was from last year? Is it the same for everyone else?
Calling it now. Nike is back, baby!
Haters will say “muh dysfunctional leader can’t empathize” or “JD isn’t it” but Nike has rounded the corner and sees the $$$ ahead. We will be copying the new, small running/outdoor brands, which is lame on paper, but the people who live their lives... — read more
PSP?
Anyone know when our PSP shows up in WorkDay for us laid off folk?
Nike store layoffs
Everything on here seems to be related to Nike corporate layoffs. Some of us who work in stores are worried about layoffs coming our way. Has anyone heard anything about this?
Big Wave of ETW Layoffs Coming
Nike's procurement team has been reaching out to ETW companies, including mine. They informed us that they are conducting a cross-business review of all ETWs to ensure alignment with Nike's strategic priorities, though they couldn't clearly... — read more
Winning isn’t Everything
More validation that the Olympic message is off the mark was the medal stand for the Womens Gymnastics Floor competition. The show of respect for the Brazilian gold medalist was way more inspiring than “am I a bad person?” Culturally, Nike has lost... — read more
No career growth
Is there even a point in staying here considering the complete lack of career growth? Working at Nike used to be an incentive in itself, but that Nike is long gone. Now I'm honestly having trouble finding reasons not to walk away the first chance I... — read more
Here we go
Building the future of sport is a peacetime profession. We are the ultimate luxury in a world gone rabid. Hang in there.
Dear JJD II
I want to start this conversation off with this, the board has made a decision to make a change. We have made this decision. It is about what you have done here to date. It is also, about what fiduciary responsibility the board has to shareholders... — read more
Legit don’t understand
Long time Nike employee who has now been long gone. It is really sad to see the downturn of Nike. It’s inexplicable really, but the spiral look out of control. Cannot imagine anything short of 2 years to straighten it out. With luck. As an outsider... — read more
Help
A few weeks ago someone posted a photo of the amazing Servant Leader JDs contract. Does anyone have it and if so can you post it again? Thank you!
Nike does not reward leadership
Unfortunately Nike for the most part does not reward leadership. A good leader is you highlighted is accountable and protective of his/her team or organization. Nike has become like lord of the flies where it's everyone for themselves, take credit... — read more
We have to deal with too much
Doing your job shouldn't have to include dealing with office politics, lying, gaslighting, backstabbing, and discrimination on a daily basis. I'd say this is on my manager but I've chatted with many people and realized it's a management style that... — read more
Worth the REPOST - This article says it all
https://www.linkedin.com/pulse/nike-epic-saga-value-destruction-massimo-giunco-llplf
Global Recession
Our ELT is burning cash to win back our consumer but missing the macro economic viewpoint. Global Recession is on the horizon and if you thought the last reorg was bad, buckle up for a 7-10% layoff.
This electric pack looks like sh-t
Blends into the track too. How are we supposed to stand out when our products blend in?
Just stop using bullsh-t terms like “family” to describe corporations
I just can’t stand hearing that cr-p anymore. Corporations are cold, soulless entities serving the top and shareholders’ bottom line. We are expendable items. If we are family, social workers and psychiatrists would have their hands full. Can we stop... — read more
Accountability
It’s so bad at the top that those on the bottom now feel like that don’t have to be accountable to anyone either. See this site for reference. You don’t have to perpetuate this. You can be better. In the end you do yourself no favors for having... — read more
JD in Paris
Seeing JD's smarmy mug on the TV in a front row during the women's gymnastics all around final is just a slap in the face. What garbage. He is NOT the face we should have out in the world representing us.