Even considering 2000 employees layoff
$150K average yearly salary
That’s $900m worth of salary in the next 3 years.
How will Nike save the other $1B if not for salaries.
Does that mean the layoff number could be higher?
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cut the hundreds of million$$$ put to dei programs
Flying economy class to Asia and staying in normal hotels.
400-450m is the cost of severance. Not the value of those laid off. That amount will be much lower in relation to $2b.
No, because not all of the 2BN is coming from layoffs. 400-450M is, and that’s a global number over 3 years
So sad
Eliminate Health Insurance coverage. I’m kidding of course but that subsidy does add up.
Once SEC is done, if it’s not scrapped, a lot of employees and ETWs will be let go. Before RAT joined, IT budget was $1.1B, by the time RAT left it was at $2.3B. Go figure!
Closing other facilities and offices for further rent and sga savings
closing BATC and ATC centers thus savings lease and moving back to WHQ
Canceling JD’s bullsh-t is billions by itself
Cancelling Athletes contract?
Didn’t we just cut ties with Tiger Woods, that should be $100m in itself.