Thread regarding Nike Inc. layoffs

2000 Jobs Created

https://news.whatjobs.com/news/nike-is-hiring-for-over-2000-roles-after-massive-profit-increase/

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| 1951 views | | 4 replies (last April 29, 2022) | Reply
Post ID: @OP+1gt38mKS

4 replies (most recent on top)

Weird article. They talk about Q4 and full year results but don’t make it clear they’re talking about June 2021. Almost a year ago. I guess this isn’t surprising. Journalism these days is often dreadful. And clearly copy-editing is no longer a “thing”.

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Post ID: @1gko+1gt38mKS

It’s clearly a message to stock holders… “hey look! We’re growing!” That’s not how math works but that’s ok. This is JD’s MO fire everyone only to hire them back so you can talk about growth. As one of the young “fa-ts” impacted, I’m grateful to be out of that warped reality. Life is way better on the outside. Also, fun fact you can make way more money if you’re a stockholder of companies than an employee of one so that’s a fun twist. I sold all my Nike stock when it was at its high $50+ todays price, and put my severance to work for me on the stock market. My favorite play is shorting Nike. Good luck with the new hires and being back in the berm!

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Post ID: @1kcw+1gt38mKS

Do you think they were going to fire all the tenured employees and not hire back fills?

3 greenhorn salaries that will drink the campus kool-aid for every 1 old fa-t they fired during the reorg

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Post ID: @1hes+1gt38mKS

This is so stupid. Corporations are literally the worst.

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Post ID: @oso+1gt38mKS

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