Topics regarding layoffs at Nike Inc.

Topics regarding layoffs at Nike Inc.

Severance package contingencies

National Labor Relations Board ruled last year that companies can’t expect you to broadly waive your rights under the NLRA by requiring you to sign an NDA to get your severance package. Anyone here have... — read more 

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| 1590 views | | 1 reply (March 28, 2024)
Post ID: @OP+1rKkYDM4

I can't focus on work

I don't really care anymore, though. I'm giving Nike as much as it deserves. Which is very little.

Nike does not care about employees

To them, we are a dime a dozen. The main focus right now is short term costs and short term stock price. This is, without doubt, putting the long term future of the company at risk, but they're not concerned with that. As long as they are getting... — read more 

Anyone else wear other brands?

This is probably a stupid question, but does anyone else wear other sports brands? I don't mean at work, but outside in day to day life. I'm always paranoid that I'm going to get "caught" wearing lulu or something outside of work.

This is not new for Nike

I find it funny how so many people like to look at Nike from ten years ago as some amazing place to work where everything was sunshine and roses. How quickly some of you forget. This place has been brutal for decades. The only difference is that... — read more 

Debating jumping ship

My department was hit pretty hard in the first round, and although I made it through, both my direct managers were let go, a good chunk of my teammates have been reassigned to new teams, and those of us left have been told we will be re-structured... — read more 

WHQ walkout demanding his resignation

I am not an organizer of any kind, but I am thinking if we don't have a voice within the firm, is it ok for us to we stage a walkout of some sort outside our campus, demanding his resignation. Can some one share your thoughts on if/how it can be... — read more 

Founder’s Sucessor

You take any big brand and study who follows the founder, Every successful successor is either someone that closely shadowed and worked alongside with the founder, or they were long time veterans of the firm which means they can continue to grow the... — read more 

ESPP

Forgive me as I’m not the smartest when it comes to stock purchasing. Would it be smart to consider not participating at this point? We have 3 days to decide, and for the first time I feel like not contributing. For all I know, I won’t be an employee... — read more 

I'm regretting ever accepting a job at Nike

And it's only been two years. I was so hyped for this job, and that turned into disappointment within the first couple of months. I can't understand how people who've been here for a decade and more do it. What gives you the motivation to stay? I'm... — read more 

Act now! Supplies are limited!

Introducing the "Leadership Disaster Kit"! Are you tired of skyrocketing profits and happy employees? Want to watch your stock price plummet and your company reputation crumble? Look no further than our exclusive kit designed for bad corporate... — read more 

JD may stay

To fully execute the $2b in cost cutting until 2026 with the blood on his hands vs new CEO. If stock slips to $70s BOD may panic fire him. This is a really messy situation that today has now been broadcast to the world and gone beyond this forum. — read more 

Incredible performance

In just 4 years: Employees disillusioned Wholesale partners alienated Consumers uninterested Investors unimpressed

Who would you pick as next CEO?

The writing is on the wall for JD. Shockingly the CEO who said Nike golf pants are his favorite Nike product didn't drive innovation - and it shows. So the question is: Who would you pick for Nike's next CEO?

The Earnings call..

captured the aptitude of our ELT. All great when reading from a script but sounded lost and unconfident when answering the “hard” questions. The stocked dropped a dollar with every JD mention of “just last week, Matt and I…”

Life in the 'Corporate Blender'

This sums it all up. Nike is no different now. Just another company grinding it out. https://www.nytimes.com/2024/03/21/opinion/tech-layoffs-silicon-valley.html "If you’ve spent any amount of time working at a company of pretty much any size... — read more 

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| 1040 views | | 1 reply (March 21, 2024)
Post ID: @OP+1rE7Vk81

Layoff Updates - EMEA/Global

Emea Layoff - Phase 1 to begin Mid April..Phase 2 planned in June! Global layoff Phase 2- Mid May! Good luck everyone!!!

JD is being let go

As much as we will all lose a pound of flesh when he is being let go, I hope none of us here want to carry that emotional weight.

YouTube Safety Lock

Completely random , but has anyone YouTube had a safety lock forced on, asking because I listen to podcast while I’m working and now I can’t watch anything.

Check up on your newer teammates

I recently joined, I’m in my early 20’s, this is my first job out of college. I am doing something pretty specialized, and I worked incredibly hard through Covid to get here. Not 10 minutes into my first day I am being dumped on by my team, (my... — read more 

Sam Poser https://youtu.be/Io6G5dCp4g0

Sam Poser tells the story as well as anyone I have seen, in four minutes. He has been covering Nike for 20 years and this is his first sell rating.

Thursday’s Earnings Report

Predictions? How much does JD amplify layoffs and continued cost cutting? Old news or Wall Street wants more?

Nike has one interesting ability

It's among the best in turning good employees into bad ones. Those who are stuck without any chance of progress while a-s-kissers build their careers simply stop working hard once they realize there's no use to it. Add to that a threat of layoffs and... — read more 

North America coming soon?

Someone posted that they heard Phase 2 was going down in NA first week of April…sooner than I had heard. Anyone else hearing this?

Thin out management layers

Get rid of all the pointless presentation warriors. They contribute absolutely nothing to the bottom line. They regurgitate the same points over and over again in different fonts and with different pictures just so they have something to do. And they... — read more 

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