Topics regarding layoffs at Nike Inc.

Topics regarding layoffs at Nike Inc.

Outgoing Boeing CEO gets 33 million pay package

nke and ba are 2 of the worst performing companies and their incompetent CEO's and ELT are making 10's of millions. These S-B's are shameless. F these executives. They feast while we workers worry about layoffs and feeding our families.

The reality

I’ve been completely checked out since the December earnings call and have been a poor teammate. All subconsciously. I came to this realization when I noticed little things I would normally be on top of slipping through the cracks and believe you... — read more 

CFE & IDP during these days...

I sort of understand that you gotta keep the boat afloat, people's mind focused and whatnot. But I think it's so bizarre to have talks about CFE & IDP with your manager while everyone is worried about their job. Not quite the time to think about... — read more 

Health insurance?

Can anyone share if any health insurance coverage (not just COBRA, which has expensive premiums) is part of severance? Trying to prepare financially for acute health expenditures that are currently in progress but won’t finalize for at least another... — read more 

Floating Holiday

FYI it doesn’t get paid out like PTO if you get laid off. Use it or lose it.

Hold or sell?

ESPP will hit our accounts soon. Do we hold or sell?

$88 - fire the CFO

When are we going to talk about the complete lack in financial leadership from Nikes CFO. (Most of the losers on this site are from technology so maybe you don’t know what this stands for). The complete lack of accountability from the CFO is on... — read more 

Have a LITTLE empathy

Man, there are so many posts on this board bashing team managers, Dir's and Sr Dir's. And sure, there are most definitely SOME that totally su-k and aren't worth their salary. But a good portion of them are in the same boat as all the rest of you... — read more 

Stock crash!!!

Stocks crash can be worse due to layoff and land below 80$ soon?!!! Investors cannot trust the brand anymore?!!

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Post ID: @OP+1rT6hr8u

CTO and "field trip" during week April 22nd

So, on the same day that many on the GT team will be laid off, the new CTO and her directs will be remote in an offsite in Seattle - with AWS and MSFT. Dozens of vice presidents flying first class, expensive hotels and meals, gifts from vendors... — read more 

Personal finance tip - Metro SHS Tax

I was impacted in Feb, and honestly, one of the most cool things I miss is the #personal finance Slack channel. I would have asked this there (or actually someone would have already asked and would have gotten responses)... but now I have to ask... — read more 

Layoffs stress and Micro management over on it

Already going through tough time still some stupid Managers overreacting with their micro management skills and pushing team into more worst situation by creating toxic environments . TechOps need a change badly.

Am I overthinking it

They’ve made all the decisions for phase 2 already. You think any of the sr directors or directors have gotten wind of it? I've got this feeling my sr director knows I'm on the chopping block and is starting to keep their distance

$89/share WTF?

What’s going on with this stock?! Where’s the growth? Get busy Fondly Shareholder

Home office returns?

For anyone based out of Beaverton who was impacted during the first round, what equipment did you need to return? I’ve already packed up my desk at WHQ, so now I want to do the reverse at home. I want to bring it in before being laid off so I can... — read more 

EAP > GAP > CPDX

So we shuffled once more and I was worried about the change but so far I am happy with the reorg. Not a huge impact for our group. We get JC which is good. We get WM which is good only because he seems to be a push over and is overwhelmed with our... — read more 

Hey JD

Don't spend time trying to poll employees as to why your all hands speech fell flat. Here's a clue as to why you're not leadership material. You lack empathy You lack a fundamental understanding of what made (past tense) Nike great. Employees dont... — read more 

I have a simple question

When the leadership decided we had to start returning to the office they emphasized how our jobs can't be done from home. But at the same time, they are sending our jobs overseas. So, if I can't do my job from home, apparently, how can somebody else... — read more 

Ageism

To the youngsters posting that we should retire. We made the company a place you longed to work at. You came and did nothing. Yes whiners and lazy entitled, we will stay and get our package. Go have your parents cook you dinner, you weaklings, and... — read more 

PSP

Any updates go out about PSP? I was cut, and am still eligible for it (I think pro-rated to May).

Please retire if you can

There are still a lot of employees who have a very long tenure at Nike and have completely lost their drive. I can't understand what some of them are still doing here when they're unhappy while they have the option to retire. Is there a good reason... — read more 

Exhausted

I am super exhausted from work... During the past 3 months, our team has lost 5 head counts and my wokr load has been tripled. I have a manager who seems to be busy as well but somehow he is always in my face micro managing everything... I do love... — read more 

Don't expect to keep your job for long

Even if you survive this or the next round or the one after that, your job is not safe. Nike will keep cutting until everyone but the most essential roles are moved to an LCC. That's our future. Never ending growth is impossible, so to simulate it... — read more 

Jon “the con” Don

Those of you with contacts at higher echelons or PK himself, can you find out to get a sense of what is happening with this guy? Are they considering booting him out soon? What is the plan to undo the damage he has done? Can Nike be revived?

ESPP update?

Was recently impacted so don’t know the latest status on ESPP credits. Can someone who is still at the company share any update - when will the shares transfer and what’s the buying price? Thank you for your help…

Blahhh

Is anyone just counting down the days to either get laid off, or leave immediately after bonuses hit? If so are you taking your PTO while you pass the time or looking to have that paid out at the end? Anything else you’re considering to leverage or... — read more 

CNBC’s Cramer: “Nike has been horrible.”

Nike is a doormat down 25% this year and getting handled by the competition. Market share can no longer counter the argument. Folks this is a serious problem that’s is getting worse since earnings forecast. Watch Cramer... — read more 

Does anyone

have a sh!t they can lend me? Cuz I got none to give rn.

A sad state of affairs

4 years ago I'd have been recommending to everyone our Vaporfly. With all the new upstarts, I just don't see our clear advantage in the running category. I honestly reply with "Hoka, On, Nike they will all serve you well."

Leave now

Nike's leadership lacks inspiration, is utterly ineffective, and is dishonest to its core. We might as well change our name to Titanic.

Things are truly messed up

I understand that no job is ideal, but when a growing number of your employees are being put on anxiety and blood pressure medications, then you have to know what you're doing is fu---d up in more ways than one. Working at Nike has become a health... — read more 

Yahoos

https://www.yahoo.com/lifestyle/does-nike-mojo-back-210708361.html It’s cringy when a stock model from AARP brochure says the dn is deeply rooted in youth culture. Cause JD is a product innovator just like the cafe meeting was live, in another space... — read more 

Growth stalemate

Your know it is bad when JD Sports is critical of Nike in the press: “On the company's fiscal 2024 earnings call, JD Sports chief executive officer Régis Schultz faced a barrage of questions from analysts related to the retailer's business with... — read more 

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| 1590 views | | 1 reply (March 28, 2024)
Post ID: @OP+1rLNjSkd

You…yes, you.

Super weird times around campus, so I’ve been daydreaming a bit… If you had sole decision-making power at Nike…How would you change Nike for the better, right now?

Innovation Challenge

Just a thought - I would imagine Nike has many employees who doodle while on calls or just to relief stress. Do they ever have a challenge for designers-to-be?

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