Topics regarding layoffs at Nike Inc.

Topics regarding layoffs at Nike Inc.

Merit

As confirmed in MM email this week, corporate teammates will receive the same base salary increase percentage based on country. What are your guesses for NA? Regardless, what a rip!

LinkedIn guide layoffs

I can think of at least 2 people I would fire just based on the amount of time they spend (all damn day!) commenting, posting, etc., saving everyone haha on LinkedIn.

Speak up Portal

Is the SpeakUp Portal really anonymous? Is there anyway Leadership can identify who reported a Code of Conduct violation?

Where’s JohnDo?

Haven’t heard from him since that awful All Hands back in Q3. And where’s our EES? I have OPINIONS

Bonus

So, what's the speculation (hearsay from any grapevine) on our annual bonus? What can we expect...

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| 6190 views | | 42 replies (last June 22, 2024)
Post ID: @OP+1t1B5rJP

How to check my CFe?

I have an a-s manager who refuses to send me my CFE in writing! Says tge Sr Dir had to calibrate the CFEs!!! And he has entered it himself. The SR Dir has zero visibility to my projects and My manager has been we-ponizing this over the past few... — read more 

GT All Hands

Aside from Resilience, never seen or heard from a weaker panel of leaders. The low iq cheerleaders su-king up to them was cringe. The only thing I’ve seen coming out of GT is 5k runs and wing eating contests and goofy costumes. Can’t wait to see the... — read more 

6/27 Earnings Predictions

NA exceed EMEA and GC miss APLA meet target Expecting any C class adjustment? Any biting Analyst questions or just pre screened softballs. Will meeting end abruptly? Lastly, after hours stock movement during call and while CEO/CFO speak 🤞 — read more 

S/4 success

Any bets on how long it takes to achieve its purpose.

Can you help me understand

What’s going on with the promotions and demotions? After all the anxiety from the phase 1 and 2 layoffs, the people who stayed were split into 3… Some lucky people got promoted, while most made lateral moves. And quite a few were demoted. Should I... — read more 

Nike CFO sells ~10K of shares on June 5

https://finance.yahoo.com/news/insider-sale-evp-cfo-matthew-063627334.html MF sold 9350 of shares last week. Earnings coming up, this can't be good if the freaking CFO is selling this many shares!!

After the firings, Now the hirings?

If your LinkedIn feed is like mine, it's full people that were either promoted or not let go, posting links to new jobs to fill the gaps that they just created with the last run. Let the cycle begin again!

Is there a plan beyond savings?

Or are we just in the saving mode for the sake of savings? Unless they serve higher purposes like, oh I don’t know, reinvention, growth and development, I don’t see any bright future for this company.

Another Glaring example of what’s wrong

As I watch the French Open final and see Alcaraz dressed like he’s playing rec league at THPRD. We’ve literally taken our eye off the ball everywhere. I seriously hope there were changes to the Olympic uniforms and Nike uses it as an opportunity to... — read more 

Divest

Teams are divesting sh-t tonne of products and data pipelines post re-org. These were built with hundreds of millions of dollars, if not more. Those 2Billion in cost savings by spending way more on layoffs, is only tip of iceberg. Real damage is... — read more 

The only way to get Nike to listen!

Seriously, go to the media with this stuff. The company is corrupt. It’s defrauding its consumers, shareholders and employees. The former CDIO RL and his side piece LJ literally VIOLATED SEC REGULATIONS and got a man fired for trying to report it?!?!... — read more 

Something Big is Going Down

Getting calls from media friends, saying something big is about to happen. Maybe JD and/or HO are out. Anyone know?

Reorg + Layoffs + AI = We are saved!

Reorganization in the hands of completely and utterly clueless and incompetent people. Layoffs for the sake of layoffs. Seems at this point the layoffs serve only to signal you are following the latest corporate fashion and that you are supremely... — read more 

EMEA scope

Anyone knows how many were laid off? Largest structural changes / surprises?

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Post ID: @OP+1sTx1IJg

New AI obsession in GT

You people pushing this can’t be serious with these productivity improvement numbers you’re throwing around. Oh sh-t, you are? Did you do a pilot program with engineers to get baseline productivity and then measure the actual effects of using... — read more 

Opinion on new roles/functions?

I just don’t get how they planned this. I personally don’t feel that the role reflects any of my interests or personal growth plan; rather, it's the exact opposite. It just doesn’t make sense at all—it's a complete 180 from what I was doing to this... — read more 

ETW/Unemployment

My contract was ended 4 months early. I filed for unemployment and received a letter stating I was elegible for a certain amount. Then received a letter my claim was being denied -_- anyone have any luck as ETW claiming unemployment? We should be... — read more 

DTC reorg and Startegy

Can someone please explain to me the new retail/DTC strategy updated under the reorg? Thank you for the clarity.

Too much competition

Nike can't rely on old models and its old glory and hope for the best. Did leadership even look at our competition these days? We need to be bold and inventive, not stick to "what works." What used to work before is definitely not going to work in... — read more 

Chaos is a Ladder

Every 'Littlefinger' in Nike is ascendant right now. DEI is just a cover for chronic sociopathy embedded within the ranks. 'Believe in something, even if it means sacrificing everything' were merely your instructions to sacrifice everything. Think... — read more 

So you’ve got a problem?

If you’d like to solve it, more power to you! Talk to your manager or talk to HR, or whatever avenue is best. If you’re not trying to solve it but want to complain anonymously and have 0% chance of fixing it, post here!

happy summer ! Emea reorg this week

Expected teams to be heavily impacted: Brand creative Product Digital And more Thoughts? Carl Grebert is supposed to be getting the axe as well since the region is heavily underperforming

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