Average daily trading volume is 9.2M shares. This morning it’s already hit the 18.2M mark. 52 week high per share price is $123. This morning it hit $77. The Board and the ELT, are driving this once proud brand into the ground. Product looks... — read more
Our strategy
If the last 5 years has taught us anything, it should be that companies shouldn’t be paying CEOs 46m in compensation, private jets, private offices with unlimited amenities, etc. They should be paying that money into the actual company to invest in... — read more
Should I update my Next% slides to 65%?
CDO>CDA>Next%>65%. Now everything makes sense
Consumer wallet is the latest excuse for bad management
I mean, sure. Yeah. Party is over. No more 10 pairs of sneakers ‘cause they are trendy. But if you can and want to buy 4, why none of them are Nike? Because Nike’s mgmt is fu--ing it up. Plain and simple. Have been for a while. Now we are reaping... — read more
Dude…wtf
The Pegasus is not going to save us. Embarrassing Seeing tech ops party today and post pics su-king up to EC because he’s wearing a red shirt and matching shoes with no guidance in his all hands. PSP is down, raises are s..t and you losers have no... — read more
Say that again?
“I ultimately hold myself and my leadership team accountable“
what kind of strategy is thanking the team versus paying the team?
Clearly the ELT and Board have no idea what the working environment is for teams rn. Pay us for this bullsh-t and we can show up as you described, otherwise expect 65% effort.
So I will get the same raise as someone who was on leave of absense for over 6 months?
Please tell me this is not true. I worked very hard and now I am told the teammate who comes back from 6 months leave will get the same raise as me.
Calculating PSP???
What’s my bonus if my position is grade 20 ??? 1.25% or 3.25%
Good chance an activist investor comes in and gets John out
Would not be surprised if Bill Ackman is looking as we speak.
Would you rather…
Power hour or take a shot every time “newness” is said? That word is nothing more than a tail between leadership’s legs. When did we devolve from the boldest brand into one that hides behind meaningless words?
JDs CFE - years of FAIL
So John, let’s sit down and talk about your CFEs for FY24, FY23 and FY22. We’ve given you lots of opportunity but you’ve been inconsistent for at least 3 years now. The stock is lower than it was when you joined whilst the S&P has doubled. You can’t... — read more
Worst sales gains in 14 years
CNBC summed it up well: Nike hasn’t been in this much of a slump since 2009, and it still has a lot of challenges ahead of it: https://www.cnbc.com/amp/2024/06/27/nike-nke-earnings-q4-2024.html I’m calling it now: More layoffs within a year as Nike... — read more
FY24 Q4 Earnings call S#!T show
What a mess Nike is in. JD is such a bulls#!ter. The stock is tanking 📉. Good luck to us all. The tone of the call was completely dry and tense. Anybody else feel that? Also that the most questions and effort spent by the BS’ers than I’ve heard in a... — read more
FOR ALL OF THE INVESTORS
WE ARE NOT EXCITED. WE ARE NOT OPTIMISTIC. WE ARE ABOSOLUTELY BRUALIED BY JD. ANY SPEAKING UP WITHIN PROVIDED CHANNELS AND METHODS IS COUNTERED AND SHOT DOWN QUICKLY AND EFFECTIVELY. TEAMS STILL DO NOT HAVE CLARITY OR DIRECTION IN HANDLING EVEN... — read more
Managing newness and innovation
“We’re going to manage newness and innovation by going into our vault.” … so…not actually anything new or innovation, just re-marketing the old stuff?? Sounds about right. These guys are absolutely lost.
Where is Phil?
Anyone seen him?
Are we not all aligned on Common Sense topics?
I get it, it's an earnings call. They have to sell the BS. I'm surprised JD came back and spoke out about the team however, this team across all Orgs has been gutted. Both from headcount and morale. We are continuously losing to others now... — read more
The More They Talk
… the deeper the selloff after hours. These guys need to be fired!
Manage him out please
Everything is a nail for a mo--n with hammer. JD it is.
He’s not a Robot
If he were a robot, it wouldn’t sound like he’s reading the investor call statement for the first time, live on air.
SWE 2/3/4 salaries at WHQ
Can you post your base pay? I think I am underpaid.
Open Jobs in APLA
Wasn’t so long ago this forum was spewing rumors of APLA dissolving, CS going to NA, and on and on. Now there are so many openings in APLA to count. We either all work for the least planned organization there is, or this forum has proven to be... — read more
The strategy and nao LT is…
whiter than a fresh pair of AF1s on Christmas morning!!! Your turn
Do you think JD will continue as CEO after Q4's earnings call?
Analysts expect losses as On and Hoka chip away market share. If these predictions are correct, it would be yet another consecutive quarter of losses and lack of innovation And also consider the recent class action lawsuit accusing him and the CFO... — read more
The last 4 years has destroyed my love for this job
Designing for Nike was my dream job since I was a kid and all this company has done since CDA is completely break my spirit. I’m undeniably defeated, uninspired and burnt out from excessive workload and being constantly gaslit that I’m not doing... — read more
Your experiences with reorg?
I’m either overloaded, clearly being given tasks left after people who were laid off, or twiddling my thumbs waiting for anything to do. I can hear from others that they have similar experiences. It all seems completely disorganized. I don’t know how... — read more
Am i way underpaid?
Glassdoor says Nike has higher salary range for my role.
Use the F out of Nike! Whether still working there or not.
My advice is whether you’re still working at Nike or no longer with the company use the F out of them for your own wins. If you’re still working at Nike then start to look for something else and leverage your current/past role(s) in your... — read more
SEC MANA Go-Live
Buckle up friends. This absolute hack job is about to be reality. I wish I could laugh at how poorly this entire thing has been built and managed, but at the end of the day it’s you and me who will be fire fighting for months. Oh, and NA, hope you... — read more
Let’s talk about the FU--Y Olympic uniforms!
Whomever designed and approved the uniforms for track and field etc should be fired with cause. They are soooooo ugly it’s painful.
Anonymous comment here (but probably not on the employee survey)
I seem to remember that in past years the word "anonymous" used to show up on the yearly Employee Survey. This year, the wording says "Participation and individual responses are treated as confidential. However, comments that violate NIKE... — read more
All ELT & PK care about is not paying taxes
We got fu---d by JD, all so PK can try and figure out a way for his son not to pay a lot of taxes for taking over PK’s shares of Nike. How pathetic, you care more about your son not paying taxes on his multi-million dollar inheritance than you do... — read more
Is the 4:1 still being strictly enforced?
With many teams now sitting across multiple buildings/campuses since the reorg, my building has been half empty for weeks. It doesn’t make sense to commute into campus to sit on zoom all day.
Thanks Nike
The people you laid off are using up all their savings, losing their homes, can’t pay bills and are suffering mentally and emotionally! Meanwhile, you post new job openings while we can’t find work. You’ve really outdone yourselves. 👏 — read more
is the termination date the last day you worked?
Is the termination date the last day you worked or the last day you were on payroll? Was approached for a contract position and not sure yet about it.
Any advice? I am ready to give up
Being on this site on a Friday evening should screem how stressed and miserable I am... It has been almost 9 months that our department has been revolving about layoffs. Our department was hit more than twice! In between phase 1 and 2, I also... — read more
Nike executives being suit for lying to investors! Haaaa! Yesss!
I really hope they get these guys! Nike Execs Accused of Misleading Investors About DTC Progress in New Suit https://stocks.apple.com/A568tznWjSeWI1XZtpZJ-8A
I’m so glad all those layoffs put us on the right track
I mean….Is there something I don’t see? The only difference is more chaos, and more workload (for which purpose?). What's the same is no ideas, no vision, no creativity, and us rushing into irrelevance. But at least we let go of so many competent and... — read more
Cobra?
We're coming up on the end of employment for the 4/22 layoff batch. Anyone hear anything about Cobra? Did I miss any action I'm supposed to take? I'm going to need Cobra for the month of July.