Thread regarding Nike Inc. layoffs

Who cares what happens to Nike, no one will miss them. Nike deserves everything that happens to them, just like Target and Bud Light. Enjoy the massive layoffs !

@dr So you are saying that this layoff site has the same level of credibility as reuters? Wow, who'd have imagined it! I bet you can get an unbiased view of the company from both sources, right?

Go MAGAT elsewhere

Having values is not political. The GOP has brainwashed themselves into thinking that being a good human being means you’re a pu--y: aka a lefty loonie and that’s how you go broke. By being woke. Don’t be woke! Be brainwashed. What a great business stance.

So US politics explains the results in China?
small brain reasoning.

@b1 You have a smooth brain if you dismiss content based on the site it was posted. Anyone with half a brain knows that you should be reading the sites that promote views different from yours if you want to understand how other people think. They aren't always wrong. M-orns like you promote a divided society when you assume that you are always right and people who have different views from you are always wrong. Get off the Internet for a while and let your brain recover. You will see the world differently if you start to think for yourself.

@d4

Exactly. D4 gets it. Nike’s troubles were a result of poor business fundamentals.

And had nothing to do with political social justice campaigns that eroded brand positioning with a conservative base that is half the country.

@c4 All you zombies are going crazy because of “woke” underscore the lack of critical thinking in this country. You don’t even know what the word means. Nike has never been “woke”, it pandered at best. If they had hot products and stopped out sourcing their strategy to management consulting, no one would be talking about flash in the pan marketing.

You mo--ns are being way too generous in blaming Nike’s poor execution on politics. Nike squandered their business the good old fashioned way. Incompetent leadership and arrogance.

This one is the d-mbest / laziest take.

CKaep ‘woke’ Commercial: Sept 2018
Nike Stock all time High: Nov 2021

Now, let’s look at Prez DT’s guy KP at UA:
Jan 2017: UA Stock at $27
Feb 2017: KP Endorse DT - Stock Price: $18
Current Stock Price: $4.57

Hmmm… let’s see these mental gymnastics on explaining this one? Or maybe it’s slightly more complexed and nuisances than “go woke, go broke.”

@b6

lol. Inventory increase of ~44% and you’re defending the alienating of qualified consumers

@b6 You are wrong. I don't work for Nike but these layoff sites give a prospective on what's happening in the economy at the worker level. BTW, we aren't in very good shape... When companies try to push their political agenda instead of focusing on their core business it does turn people off and they don't come back. I no longer buy Nike products, stopped doing business with American Express, don't shop at Target just to name a few. There are so many other alternatives where I can deal with a company just on the terms of the products or services that they offer. They have their own opinions and so do I but we put those aside when we are doing business.

@b6 What is funny is that the same rationale that you claim conservatives use to justify their support of Trump is exactly what you are doing with woke and probably DEI initiatives. I would guess that if I asked you if you were a opposed to discrimination you would say yes of course. However, most of the woke and DEI initiatives give preferential treatment based on race, gender, and s-xual orientation rather than the actual skills of those people. This is discrimination yet you are just fine with it.

There’s often a huge divide between what people claim and what they actually do. This applies to you too.

@b6 you are 100% wrong. Look what the PO'd consumers did to Target. I stopped buying anything P&G when they went WOKE. I haven't bought anything from P&G or Gillette in 8 years. If I'm not sure, I always check the label, and if I see P&G, back on the shelf it goes. You are fooling and deluding yourself if you think this doesn't happen.

The entire “woke” angle is overblown, and falsely assumes that people are MUCH more consistently principled - and that they act on those principles - far more than is actually true.

Exhibit A: Ask the average Trump supporter if things like “character”, “integrity”, “intellectual honesty”, and other core conservative principles are important to them. 90%+ will say, “Oh yes, those are very important to me!”

But then ask those same people what they think about Trump; a person who objectively flushes all of those principles right down the toilet. While bragging that he has done so. Those exact same people will say things like “Best President ever!”, “He was sent to us by God!”, etc., etc.

There’s obvious cognitive dissonance there, but good luck getting any of those people to acknowledge it. Instead they’ll perform Olympic-caliber mental gymnastics to rationalize and justify those things that can’t reasonably be rationalized or justified.

Almost nobody walks into a retail outlet while thinking, “I sure like these shoes, but buying from this company is not something I’d do because of my deeply held and sincere political beliefs.” Many will attempt to flatter themselves by claiming otherwise, but price, design, features, and other tangible factors will come into their buying decision LONG before any supposed political principles. I’ve seen this time and time again.

There’s often a huge divide between what people claim and what they actually do.

lol at the smooth brains posting fox news. gotta push culture war cr-p as much as possible when gas prices and inflation are skyrocketing. the 30% of america that is stupid enough to believe this were never buying anything but monarchs anyway.

@a4 "will the public forgive them" No, when a company puts their logo right on the product you are advertising for them whenever you wear the product. The people who are offended by Nike's public views would rather be seen in Kirkland or Great Value branded products. They are never coming back to Nike.

Maybe Nike can hire Dylan Mulvaney and try to fix the damage Colin K did ?🥴

Any time you judge someone or something in our divided world you are going to offend half of the population. This includes customers, investors, and employees. Companies should just focus on their products.

I saw an article like this some time ago when the company started sliding. Critics knew well beforehand where they were going wrong. It did focus on politics, making a statement to the masses that not all agreed with. It shut out part of its core customer base, making political statements and ideologies that caused others to shop elsewhere. The focus went from athletics to politics. The question now is, will the public forgive them?