It’s gross. Letting people go right before the holidays in these rolling layoffs. Keeping leaders that don’t belong that are ki-ling whatever is left of what was once a great place to work and cutting people who actually cared about their teams. Forcing people who were hired remote to move to OR or lose your job. More layoffs are coming. Everyone is a sitting duck. Happy Holidays ya filthy animals.
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I hope global tech gets cleaned up because there is too much bloat and a lot of “I don’t care” people. I have teammates who just play around and sit that their desks watching YouTube videos, and it’s pretty frustrating because they have 20+ years of experience, know some people at the top, or have the “Nike wisdom” that they can bestow upon us peasants.
With the new CTO getting on board, I’m sure she’s probably going to do what other Nike leaders do and layoff 1/3 of the LT that don’t bow down to them and then bring in their own people which is a constant cycle of fatigue.
Nike is going to crash and burn and if I see another upside down pyramid, I’m going to lose it. What a bunch of JD bullsh-t.
@qlk yup, getting real sick of these amazon a--holes invading nike!
@yxj+1pXmjhOu has some good points. Phil was giving money to the third party candidate in the governor's race. Supports Trump and the Republican Party, although, exploits black/brown people by selling cheap merchandise at ridiculously high prices. Price points that will make them use their whole paycheck just to have the newest kicks. Kids at my high school would sell the shoes they bought with their parent's discount to the poor kids at lower prices and make money off of them.
Nike only portrays that they are benefiting black/brown people, but behind close doors like to keep them owing their soul to the company store with laws that suppress their target market.
I worked there as an ETW and looked to get out as soon as I could. They want compliance not ideas. HR needs its own HR, we never did anything and anchor days were filled with empty chairs. I stopped coming in and just su-ked up. You get rewarded by becoming a favorite. Our manager would contribute to racist jokes and only befriend females to ask them out after work. Not surprised to see nothing has changed.
@qlk+1pXmjhOu Judging from what I’ve seen at other companies they will clean house, bring in their own people - maybe do a first round trial run with existing people to gain trust before they’re out in 2 years.
Also, Amazon isn’t exactly known for its people centric culture …
@foo+1pXmjhOu
A social justice think tank? Really ? The same think tank that had a founder trying to buy an election to send us back to the year he was born, where women are suing for pay disparity and s-xual harassment, women athletes are cut due to being pregnant, discrimination and harassment cases are buried and folks are threatened or fired . That one !?
What you fail to realize is that corporations don’t get to exist outside of the world we live in, because they employ ACTUAL PEOPLE. Meaning that people resonate with a brand they feel represents them. I can guarantee you, if all the other sh-t this “social justice think tank” does was exposed versus being buried for stories they honestly don’t believe in( cause they’re as hypocritical as your a-s working for the company)and only offend the 1% you would truly see that stock take a dip. So a how about you be honest about what consumer you’re actually talking about and what social justice initiatives are making you and them so upset . Take your prejudice a-s on somewhere, might I suggest under armour they like your type.
I’m from global tech. Constant shuffling of leaders, favoritism and lack of strategy has ki-led the morale. VPs are only focused on building large org, spending Nike $ to build their own profile for their next role.
Hope new CTO cleans the house swiftly
There are more that dozen people I worked for and with who are sociopaths, half of them extreme narcissists. Not great attributes for leadership yet Nike selects for these mo--ns at every turn. To those folks, your reputations will follow you. You will continue to infect and derail the efforts of truly dedicated and capable staff. Nobody's going to forget that you threw people under the bus or undermined the careers of truly good people.
@ohm+1pXmjhOu most layoffs have a later end date as they need to give a 60 day notice for over 100 people with WARN so everyone laid off right now will go against 2024, just fyi.
I'm not an expert but I believe there are also tax and penalty implications depending on how many employees a company eliminates in any given tax year. I would guess some of the timing is about booking as many layoffs now before the new year so Nike can start the count again in January with less to eliminate in '24 which I think we all suspect will be when the larger cuts begin to hit e.g. hundreds per day.
December used to be considered a really bad reputaional, PR and just plain old human decency move even by the most Grinch-like companies but this year...and these times we live in...that is no longer the consideration.
Several other companies have announced layoffs this Nov. and Dec. as well. It's open season on the herd of employee cattle and we're all up for the chop any moment year round now. Good luck to us all and stay strong through times of adversity.
Sr dir here! The thing is they let go of hardworking people with great performance and kept those who su-k at their jobs ( same rank as those who were let go). This causes other employees ( at least my team) to become very indifferent. They care nothing about getting the job done or putting any hard work in because they know at the end of the day it does not matter at all. BAD move! They lost a lot talents and destroyed the remainings..... More layoffs are coming in the next 2-3 months. Update your resume and start applying. The new rule is spent 50% of your time at Nike looking for opportunities outside Nike
Nikes culture is one of new money rich kids. Massive self centric ego, puts down others to feel tall, afraid of and outwardly criticizing quiet confidence and stealth wealth, and overspends to keep up with the joneses. If Nike was a person it would be the entitled rich kid who has no work ethic because everything was handed to them and ends up filing for bankruptcy in their middle age because it doesn’t have the skills or grit to manage and overcome adversity.
When I joined, the number of people who told me my experience outside Nike didn’t matter is appalling. New ways of thinking are blocked at every turn. Keep it up with your silo’d egos, we see how successful that’s been.
Please continue working on your 5 year strategic plans, regardless of the joint being gutted every 3. Legit.
Seems like things are going backwards. Instead of letting people and orgs fail and learn and grow we just cut bait and run the moment we can. re strategizing and reorgs every few years is a wasteful use of resources and says more about leaderships ineptness than anything
Nike is the most fiscally irresponsible company I’ve ever worked for. No one has anyone’s back and everyone is so resistant to different ideas or communication styles, fear is is the right phraze.’