Thread regarding Nike Inc. layoffs

Q2 results?

What do you think? Does anyone have any predictions?

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| 2581 views | | 9 replies (last December 27, 2021) | Reply
Post ID: @OP+1em7ID9u

9 replies (most recent on top)

@9gka, good with that if it happens.

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Post ID: @9ewy+1em7ID9u

No profit sharing, but we will get a bonus. Layoff will continue in secret. FY23 is make or break for RL and his band of merry men.

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Post ID: @9gka+1em7ID9u
  • No raises- because . Supply chain issues, etc.
  • A continuation of no profit sharing in the 401ks. They are striving for a new normal apparently.
  • 60% or less bonuses. Kind of how it went when we played Parker's billions. The reasoning gets awfully thin in the light of record revenue/profits.
  • Exec band+ will still get RSUs/options, ranging from 50k/year to millions in grants. That's every DIrector, Principal or Expert and higher.
  • Maybe this will be the year they do away with the sabbatical. Sorry, not sorry for jynxing those who have not received theirs yet.

They are not done trimming from the rank and file yet. They will leverage anything as an excuse to gradually whittle your compensation away. It is horrifying how readily the masses accept these excuses and justifications.

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Post ID: @2wry+1em7ID9u

Mediocre products offset by layoffs as the stock price breaks records and execs get millions in bonuses.

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Post ID: @2kav+1em7ID9u

There will be high fives on Wall Street, and No PSP, or profit share in Beaverton.

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Post ID: @1mzh+1em7ID9u

@1xwh, you should have waited if you were not pressed. The stock price will hit an all-time again in 2022; I am thinking over $190. Cheers 🍻

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Post ID: @1xrn+1em7ID9u

Glad I sold all of my stock a few weeks ago

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Post ID: @1xwh+1em7ID9u

"That's it then. Cancel the kitchen scraps for lepers and orphans, no more merciful beheadings, and call off Christmas."

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Post ID: @quo+1em7ID9u

No bonus for FY22! That is my prediction.

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Post ID: @pxj+1em7ID9u

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