Thread regarding Nike Inc. layoffs

@hw no buy by yours fhe US is and you’re extremely wrong on that, it’s not just about economic maturity but growth potential and discretionary income opportunity. It’s clear you’re upset and taking this personally instead of understanding macro economics and international business. Maybe take the time after layoffs to get an MBA?

Also, I don’t work at Nike. I was laid off recently but I don’t believe in the blind-Americana crusade either.

@h5

by your calculation india is the centre of the world.

EMEA had a very experienced tech team built over 20 years and all of it was fired to be shipped off to india. how does that serve the local consumer?

you are still a mo--n and if you are a current employee it explains why nike is in this position.

stop parroting RSU nepobaby leaders that you serve

@fk it is actually because it’s moving shared services closet to the markets they serve. Do you know that 50% of adidas global net profit comes from China sales? And that India is set to put pace China in middle class spending? Nike is a global company and the majority of sales (and profits) propping up the Us will not be coming from here, it makes zero sense to keep those roles here. It just sounds like you’re rightly upset for possibly losing your job but not seeing the big picture.

@fk no but who said a company who the majority of income and customers aren’t in the US is required to have those jobs in the US?

You’re not connecting dots here, clearly.

@fj

running geographies and serving local consumers is not the same as shipping all global support functions like HR ops and Tech to bangolooru and singapour

mo--n

@cv the work here for America IS HERE. It DOES NOT WORK TO HAVE AMERICANS IN PORTLAND DESIGN FOR CHINESE CONSUMERS WHO PREFER LOCAL BRANDS.

Do you not understand global income? If you want Nike to be an American -only company you should also want Nike to only sell and manufacture in America. That would reduce the size substantially,

Nike is a GLOBAL BRAND, not an AMERICAN BRAND. Sh-t the cash flow rolls though Amsterdmn and Singapore not direct to the Us for a reason. Only 44% of Nike revenue comes from the Us. Adidas, who is HALF THE TOTAL SIZE OF NIKE, earns almost the SAME in China, Nike not only is a majority non-American brand but the economic growth and largest possible consumer spending to capture is not coming from the US either.

Nike is straight up selling out American workers. While other companies are putting money and jobs back into the US, Nike is cutting roles here and building out a big campus in Bangalore. Same week the government cracks down on those Indian IT firms for abusing the system. Coincidence? Yeah right.

This isnt some smart global strategy. Its the same old offshoring play that guts middle class jobs so executives can chase cheaper labor. Nike was supposed to be an American brand. Now they act like Oregon and the rest of the country dont matter.
All the people saying “its a global company” or “localizing for Asia makes sense” are missing the point. The point is American jobs. Bring the work back here. Enough of shipping it overseas and calling it efficiency.

If you care about this, report it. White House contact page takes five minutes. Put pressure on them. Companies that abandon US workers should feel it.

What does this have to do with betraying America? Expecting Americans to make things that are bought and sold in Asia and believing their taste level is the end all be all is ignorant. Localizing design and product creation teams is the competitions competitive advantage. Nike doing this should ultimately bring more money back to WHQ overall. Nike is a global company, after all,

Many companies have had this on the books for years and Nike is no exception. What I’m trying to say is that this was going to happen before the Nike downturn.

I’ll report. The point is to bring jobs onshore.

@a5

Are you encouraging someone not to vote simply because your beliefs are different?

Not very democratic of you. If they have an ID they are allowed to vote.

Never thought I'd die fighting side by side with the GOP...