I honestly don't know if I'll be here in 12 months. Do you?
Maybe EH's job is actually to take down the company?
Maybe he's like DOGE for Nike.
Nike Leadership: Failing at a Level Most Employees Would Be Fired For
Watching Nike’s leadership discuss “winning” while the stock collapses from roughly $177 to $38 is like watching the captain of the Titanic accept an award for improving access to ocean views. These people inherited the Swoosh, one of the most... — read more
Stock is crashing
Wow, we’re basically at all time lows. This is brutal and all my stock is worthless compared to 4-5 years ago. My retirement got decimated.
Is Treasure the one actually making all the decisions
Only women are hired, EEOC here we come. Why does Nike make every new hire wear black. In the line up photo, only Clark has any color.
The World’s Most Expensive PowerPoint Factory
It has been several years since the LeBron James Innovation Center declared itself the “epicenter of Nike’s innovation engine,” yet remarkably little innovation has managed to crawl out alive. The building may carry the name of a generational talent... — read more
🏭🏭 SUPPLY CHAIN PLANNING & OPS
Can someone please tell me what these people do? Create decks that serve no purpose. Leaders are very bad.
EHhires and more
Seeing another Chief executive hire this week and more VP hires. Can someone explain the logic?
🚨 Layoff Rumor Watch: What Are You Hearing?
Hearing whispers about possible layoffs, reorganizations, hiring freezes, or team cuts? Post what you’ve heard below. Please label everything as unverified rumor/speculation, avoid naming or identifying individual employees, and don’t share... — read more
CFO needs to cut Innovation
Nike built the LeBron James Innovation Center to look like the future. And inside, they’ve apparently figured out how to manufacture the past. The Innovation team has a pretty simple process: Start with a decent idea. Overthink it. Add a bunch of... — read more
ITC expanding?
Seriously? I heard they’re running out of space and moving to a bigger location… all to make room for more hiring. Must be nice.
Have No Fear.
September’s layoffs will be fu--ing brutal but don’t worry, Nike’s galaxy-brained leadership will graciously ‘support’ you all the way to the exit, then congratulate themselves for showing empathy.
Lay offs
Has anyone heard any intel on layoffs or restructuring in September? Will it impact everyone? Or is this just the ongoing rumor?
What is this NikeFlow I am hearing about?
I see this being mentioned here and there... But what exactly is NikeFlow?
And the stock price keeps on dropping
Did EH fix us yet? Pathetic
Another reorg is coming so let’s try something different
NIke really needs to address its hiring and assess talent and performance culture. Business is in the sh*tier and leaders can no longer get by with keeping their friends and inner circle safe. Right now, way too many people are getting by purely on... — read more
The only explanations are they are doing this all on purpose or the are stupid
I have read over the years, poster who as employees saw inexplicable behvior, moves that defy any rational reasoning. I am surprised this Board is not followed more closely by the Investment community. It may be a gripe hangout, but over these many... — read more
What does a DE really so?
Genuine question: I joined within the last year and recently interacted with a DE, but honestly didn’t understand much of what they were saying. Do DEs typically write code and have a good understanding of the systems they work with?
Dude
Let’s continue to hire multiple million salaried leadership people that need to be trained, cut Nike engineering experts and have a fake ITC office where nothing gets done yet we pay millions for. Surely that will fix our issues. Bravo, brilliant.
New CFO mandate
Word down at the watering hole is that CFOs fixin' mandate to take a mighty sharp kn--e to everything, and he ain't fixing to waste any time doing it, neither.
State of Nike solely on Innovation
If we had products people wanted to buy would we be in this situation? If we were selling products hands over fists, a lot of the issues we see today would be swept under the rug. Placing the state of Nike right now solely on the whole innovation... — read more
Our beloved $36 Million Man Has a Lot of Explaining to Do
At what point do we stop calling this a “turnaround” and admit Nike’s leadership sc--wed up? The stock is sitting around $38. That’s after years of bad decisions, losing momentum with younger customers, getting buried by competitors, and turning... — read more
VA will be CEO
Honestly, I wouldn’t be surprised if VA eventually replaces EH as CEO. A lot of people senior leaders are frustrated that we still haven’t seen the turnaround everyone was promised. EH is unable to get the business moving again, especially around... — read more
this is very concerning!! Di-k's warning will be last nail in Nike's Xss?
Early June this year Di-k's sock traded as high as $239.00 and in little over two months, it hit $124.31!!! That makes Nike stock price look pretty good. Wall Street is opining that sporting goods industry has hit wet patch and two giants hit the... — read more
Leaders Taking Credit for Team Work
Anyone notice this trend increasing? ES leading supply chain planning innovation is a good example. She consistently represents work she knows nothing of as her own. Weird, because she does it mostly on the topics/project she knows the least about... — read more
No shortage of armchair quarterbacks here
I am thoroughly enjoying the plethora of armchair quarterbacks out here daily pretending they know exactly how to fix Nike. The vast display of ignorance is quite entertaining!!
Real Feels
Two things today, EH hires back a multi 6 figure role that was eliminated previously “it is needed to improve relationships”. Innovation and newness is what retailers want. What is needed is skim EH executive direct reports does the board really... — read more
Layoffs tomorrow?
Any worried about this reorg taking place? I’m worried it could mean layoffs, apparently multiple directors were pulled into HR offices at EOD today.
Nike Leadership
It's only vibes and fake narratives. 0% substance or achievements. That'd be the entire post.
Chief Commercial Officer
In December, CW was exited and the role was eliminated by Hill stating it was to remove layers. Today, role is reinstated and offered to JE from Walmart and is now considered a vital role and critical to the strategy. Optically speaking, this is... — read more
Let’s talk about JS
Come on! Can we be real here!
Di-k's Sporting Goods stock crash reveals a major problem for struggling Nike
https://finance.yahoo.com/markets/stocks/article/di-ks-sporting-goods-stock-crash-reveals-a-major-problem-for-struggling-nike-114409937.html
The glass half full people…
.. tell us what you see that gives you hope. To the extent that you can share, I’m curious what you’re seeing that makes you think the company can and will turn it around .
Nike’s Greatest Innovation: Turning $200 Billion Into a PowerPoint Slogan
Nike never misses an opportunity to tell everyone it is the world’s most innovative company—a fearless champion of creativity, self-expression, and the rebellious spirit of sport. Apparently, the latest expression of that innovative spirit is... — read more
D Day for ITC and soon it will be closed
People are pretty upset about the new VP from Walmart. Word is he's already having a tough time over there, so everyone is scratching their heads as to why Nike decided to bring him on. It feels like ITC is about to head downhill, and with no other... — read more
My god this company su-ks
My retirement is non-existent from the share price decimation and this company just su-ks to work for now since everyone hates it.
DlCK'S Sporting Goods - a major earnings miss... the stock took a 30% haircut...
Di-k’s Sporting Goods had a major earnings miss: EPS, revenue, and same-store sales all came in below expectations, sending DKS shares down more than 25% intraday and toward a record one-day percentage decline. Foot Locker is becoming a serious... — read more
This is Layoff.com
Why are so many “leaders” sharing their business lessons here? No Nike leader is listening. Let’s get back to what this forum is actually for. If anyone has real intel on layoffs, reorgs or what’s coming, speak up