This announcement is going out this week with no room for exceptions and everyone needs to be back in office. Thoughts? Curious on if anyone who moved will leave or move back
The Fall of the House of Donahoe
Just like the new Netflix series. Let there be a devil’s pact and end.
DEI continues to be an utter circus
Through a combination of layoffs, and fostering an extremely hostile culture, the new head of DEI has managed to get rid of the entire team he inherited. Now I’m not suggesting the previous head of DEI picked an all-star squad, but surely some of... — read more
Global Stores Leadership Gone. Who else?
Not surprised they finally got rid of some of the global stores big boss men. Those two were a vacuum of good leadership. How deep were the cuts in the stores department? Across Nike Direct overall?
VP offsite
Have heard 4 day RTO big reorg and possible layoffs. Anyone know what is the truth?
Wait For It
The organization is about to get blindsided. It's like getting slapped in the face in the dark. wouldn't even see it coming.
New CEO?
Anyone else see ES roaming around campus today…? Rumors of the old guard coming back starting to be real.
ELT is to blame
Don't blame GT, this has been going on for years. They are told what to do by the ELT. Until RAT was gone, there was no change. DA and RF did the best they could and actually made it better between all business units. Do they, ELT, care? No. ... — read more
https://www.oregonlive.com/business/2023/10/deposition-shakes-up-nike-pay-discrimination-lawsuit-nike-wants-it-barred.html
Nike sure knows how to talk, but they continue not to walk. Share holders also seem to be ok with not increasing the transparency. Not cool :( https://news.bloomberglaw.com/esg/nike-investors-vote-against-pay-equity-shareholder-proposal
Marketing roles just collecting checks..
Serious question.. Maybe someone that knows specifics can chime in. Post pandemic & CDA, marketing budgets and strategy have been scaled down tremendously but it seems like the marketing roles and functions have stayed at the same levels. What are... — read more
Moving to 4:1 work week?
Have been hearing more and more that the move to 4/1 is imminent - anyone have insight? The 3/2 always felt too good to be true but also don’t understand why the change now?
WORD OF THE DAY
Alright people ... WORD OF THE DAY. Best word, only one to describe NIKE, Inc. these days. Go. Mine is ARROGANT. Only arrogance would let all of the footwear knowledge walk out the door when 3/4 of your business is footwear. Only arrogance would... — read more
My dog versus JD as CEO
An honest analysis of how my dog compares to JD as CEO Better strategy. Dog is not delusional and would let the business evolve by itself instead of forcing us into bad strategy Higher stock price. See better strategy above Higher office morale... — read more
Layoffs?
Anyone know the latest update on potential layoffs? Is it happening soon?
Tomorrow’s earnings call - lots on the line
JD’s posture will likely be optimistic despite 5 important factors dictating growth reality: 1) reality of China, 2) wholesale slowdown, 3) macro headwinds, 4) innovation freeze and 5) questionable shareholder value w lowest stock price in years…... — read more
Way too much inventory!
We are still forecasting and buying like we have innovative product. At least Kohls will buy it, but this is going to get worse before it gets better.
ER/H.R Horror Stories
Got any more ER/H.R. horror stories? Dealing with lying ER people- wanted advice and what to do.
JD is An Abject Failure. Ki-ling Nike
JDNike has been on a steep decline with him as CEO. The stock is cratering. The product reflects his bland white Silicon Valley soullessness. His robotic speeches where he calls himself a coach are tired, uninspired and everyone sees through them... — read more
It’s happening… we’re returning to campus for 4 days, if not 5!
The powers that be have officially voted… they are going to require us to return to and work from the office 4 days a week, if not 5! Hoping that they incentivize somehow, with free lunches or something. How is this going to affect your life? Leave... — read more
Retirement Cliff
I remember about 5 years ago there was a focus on how we were going to address the retirement cliff of experienced, life timers. Lots of discussion about future leaders from within the organization that needed grooming for executive positions. Then... — read more
There are too many yes men and yes women at Nike
We have too few people in management who are willing to stand up against those at the very top and their stupid ideas. When there's no pushback, you get the situation we're in today.
What do you all think about Nike in our current situation?
What is the true consensus? There are a bunch of rumors going around. What do you think is happening or going to happen now that "Transformation" is in place. What is Transformation? Another reorg or layoff? Or something else? Confused by it... — read more
JDI Day?
Watch the JD and PK fireside chat.
The time is NOW!
For JD to go. Come on BOD you can do good things. It’s not even a hard decision - it is a necessary decision. Please and thank you.
External source saying GT layoff coming
RAT spent more than budgeted. He approved travel, expensive offsites and unofficial contracts. I'm hearing HR is hungry for a layoff to keep their jobs. Nike is so f'd up. Because you f up, we pay the price. When will we layoff the layoff hungry?... — read more
Manager Quiet Quitting
My manager has basically stopped being any sort of manager. I can comprehend doing this as a contributor but when there’s people depending on you for guidance, it’s pretty offensive. There’s been no communication as far as work priorities, goals or... — read more
JD how do you treat your direct reports?
We all saw watched what you did to AC; not that I was a fan. Do you appreciate your team? Do you appreciate employees in general? Historically, it doesn't look good. Are you purposely trying to burn Nike to the ground? It looks that way. Why? ... — read more
NIKE GOLF
Any truth to another round of Layoffs or the dismantling of the GOLF department? Any chance the Big 5 of BDKGP are gone? Would be a shame if the Big 5 are still there since “ they “ are responsible for destroying NIKE GOLF.
The Ultimate Layoff
When will the BOD wake up and terminate JD? I am a former employee that left on my own and a shareholder. I have been watching his proven incompetence as CEO. His core job is to provide shareholder value. He was handed the keys and inherited the lead... — read more
Job Postings Dissapear
I was searching around the job board last week and saw that there were a few thousand postings now today there are only a few hundred. I was under the impression that going into Q2 we would be seeing more not less, any insight into why this is?
Request Manager Change
Has anyone been able to successfully request their manager to be changed? If so, how did you do it? I am convinced my mangers goal is to unfairly show me the door because of a personal vendetta.
Corporate culture at Nike
What happened with it? We had a great corporate culture and excellent work/life balance and now it's all gone. Who is responsible for the change? I know it didn't happen overnight but it had to start somewhere.
JD is coming for GT
Get out while you can.
What does Nike need right now
The economy is in a very tough spot. China is in real trouble, perhaps for the first time. Has Nike got what it takes to stay ahead.
Footwear Manufacturing Issues
Now that all the shoe dogs are gone we seem to be treating factories like widget makers. Look at the stitching quality of the Dunk these days. VA knows warehouses but nothing about footwear.
PR Own Goal / Mary Earps Goalkeeper jersey
https://www.theguardian.com/business/2023/aug/24/mary-earps-and-other-female-goalkeeper-shirts-to-go-on-sale-after-nike-u-turn This was a massive negative PR issue during the Women's World Cup - where were the UK / EMEA Comms leadership? I heard the... — read more
Lie after lie
The only thing Nike senior management is good at is lying. That's it.
DSM Career Stagnation
Will there ever be any promotions within the ranks of DSM? It seems that all the leaders in DSM have come from elsewhere, i.e. finance and strategy. There are terrific Directors and Sr. Directors that understand supply chain/planning better than the... — read more
Nike shares are on their longest losing streak since the company went public in 1980
Nike has shed more than 20% in market capitalization so far in 2023. Worrisome?
Show JD the door!
How long will the board and shareholders tolerate the stock price meltdown (we are almost back to the price when JD took the helm as CEO), before they are going to show JD and his team the door?