Thread regarding Nike Inc. layoffs

Business Insider story

Can anyone read this

https://www.businessinsider.com/nike-return-to-office-fight-battles-for-tech-talent-2021-12

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| 2691 views | | 8 replies (last December 19, 2021) | Reply
Post ID: @OP+1edScvEX

8 replies (most recent on top)

@atpc, you did not comprehend what @djx wrote at all. How in the he-l did that post translate to that person licking Nike's boot? Read it again, mo--n.

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Post ID: @asmw+1edScvEX

@djx can you tell us how Nike boot leather tastes?

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Post ID: @atpc+1edScvEX

When you're an ETW in tech and told:

File for unemployment during the holidays

Your contract is reviewed every few months

You'll get converted over eventually, keep going..

Nike runs Tech like a New Deli sweatshop.... Cheap ba----ds..

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Post ID: @1wgj+1edScvEX

I’m still honestly shocked Nike hasn’t come out yet and pushed it back at least a month or so. With the rise of Omicron (I know it’s not as fatal) in the US and articles like this, they still haven’t budged. At this point it has to be for tax break purposes. I’m okay with going back on Jan 10th, but still surprised with a month to go no signs of budging.

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Post ID: @1ixe+1edScvEX

@1cbx, LOL....will that be the same year Aliens land of earth "Independence Day" style?

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Post ID: @1zbv+1edScvEX

@djx you wrote “ The days of “this is Nike….you are lucky to be here” are over.”

I don’t agree. I think those days are temporarily on hiatus but I don’t think they’re gone for good. At all.

The US economy is going to crash and crash hard within the next 1 to 3 years. Certainly by the time the 2024 election occurs. Too much money printing (go look at a chart of the US monetary supply over the last 100 years and then tell me that looks perfectly sustainable), too much debt (federal debt is now greater than 100% of US GDP for the first time ever), too many people hooked on government handouts (56% of Americans now receive some form of monthly welfare), and too much political instability (as they showed us after the last election the GOP is more than happy to trash both the Constitution and the rule of law if they think doing so will result in them obtaining power). No way to tell what will trigger the crash. It could be war, another pandemic, another attempted political coup in the US, or maybe something as simple and obscure as a failed treasury auction (we’ve had two the last 18 months that came scarily close to failing). It’s not a question of “if” this will happen. It’s only a question of “when”.

Then there’s China. Xi Jinping is just itching to take back Taiwan and that could happen sooner than anyone thinks. Yes that would be economic su----e for China but here’s the thing: Chinese leaders have ALWAYS played the long game. They’re perfectly willing to starve hundreds of millions of their own people for a decade or two to achieve long-standing political goals. They could even be working with Russia to stage a two-prong attack: Russia invades Ukraine and China invades Taiwan. The stunned world watches and ultimately decides it’s better to let Ukraine and Taiwan fall than start WWIII.

Of course that would be the end of Nike’s China business and the 20%+ of revenues it provides.

When any or all of this happens tens of millions of Americans will lose their jobs and employers like Nike will be solidly back in the driver’s seat. Those of you who comically and naively think employees now have permanent control over the labor market both need to buy a vowel and crack open a history book. In just a few years most Americans will simply be happy to have a job at all.

Sleep well!

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Post ID: @1cbx+1edScvEX

Cannot read it without subscription. What are we going to discover that we do not already know? People want the flexibility to work remotely and Nike is not offering it! Therefore, Nike will not be competing for talent that desire or even require such flexibility. The days of “this is Nike….you are lucky to be here” are over. Wake up, leadership ( laughter follows the “leadership” label)

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Post ID: @djx+1edScvEX

Pro tip: when you encounter a paywall site try running the link thru 12ft.io

It didn’t work for this article but 90% of the time it works beautifully.

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Post ID: @trj+1edScvEX

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