Thread regarding Nike Inc. layoffs

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 all.

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| 3841 views | | 9 replies (last September 20, 2023) | Reply
Post ID: @OP+1oDhzGue

9 replies (most recent on top)

@4daa not having a lot of reports

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Post ID: @4hdp+1oDhzGue

@1uhq what does low span of control mean?

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Post ID: @4daa+1oDhzGue

JD will be shown the door due to lagging stock price and poor financial outlook.

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Post ID: @4emh+1oDhzGue

There is a rumor about reorg in the MKT/DES departments at product creation.

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Post ID: @2uab+1oDhzGue

anyone know what areas will be effected? Product Creation? NXT? DPC?

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Post ID: @2ufj+1oDhzGue

@1rvz I don’t know specifics on timing other than it is unlikely to happen prior to holiday unless they are further along than I’ve heard and could execute a plan before mid-Oct. My guess based on previous experience and what I’ve been told is planning is now and execution is right after holiday.

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Post ID: @2luo+1oDhzGue

@1uhq any ideas on timeline?

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Post ID: @1rvz+1oDhzGue

It’s a layoff and reorg coming. Bain is here orchestrating it all - they’ve started interviews across multiple functions. Also, HR is reviewing org structure for low span of control which is ominous.

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Post ID: @1uhq+1oDhzGue

Don’t worry about it. Nike is doing transformation since 2000, wait a while few leaders will come, few leaders will leave. Nothing will change unless you work in org that’s not new leader’s favorite

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Post ID: @1ouf+1oDhzGue

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