Thread regarding Nike Inc. layoffs

Fiscally, Nike is in year 2027. No need to wait. Start ASAP! TTM Free Cah Flow (FCF) continues to trend downward; FY27Q1 FCF -64M, TTM = 2,105M. My guess is a 6,500 to 7,500 RIF, announced 10/8.

Nike, FY27Q1 10-Q, Statement of Cash Flows
https://d18rn0p25nwr6d.cloudfront.net/CIK-0000320187/15dbf4e9-740e-4f44-a96a-a4126a137736.pdf#page=6

Alpha Spread, Free Cash Flow, Retrieved 10/4/2026
https://www.alphaspread.com/security/nyse/nke/financials/cash-flow-statement/free-cash-flow

2015

~10k laid off since then. No signs of slowing down. It’s a business model at this point.

It hit the ceiling and fell back into play

2027

The game? Seahawks kickoff is 1pm I believe.