Thread regarding Nike Inc. layoffs

Sam Siegel. Was considered the Godfather of the sneaker business. Ran the Nike NYC office for decades.

Who was Sammy?? SS?

Here’s what’s different for PHK this go around. There’s no SAMMY to tell him the honest truth about what’s going on. SS watched everything from the PLMs to the EVPs through the lens of ”just don’t F it up”. He had a direct line to PK and told him exactly what was going on…on a regular basis. If the business took a turn everyone was so on it we’d re-strategize and get it back on track in Seasons…not Years. We’d build strike plans against competitive moves from an On or Hoka and keep them at items…not ignore it and enable an entire Brand to develop! HON and her Women’s Org were famous for down playing the bad news and embellishing the wins when that business paled in comparison to the overall business. Great “story” tellers that got all of them promoted off terrible results. With that LT…there is no way he’s had the same honest visibility he had when someone like SS had his ear.

There is no replacement. Nike knows this, which is why PHK has to support him. The company is dead.

Oh To be a fly on the wall at a Board Meeting where..btw… PK does not have a vote anymore. How much is he influencing or being influenced cause we all know how “leaders” at that level sell their stories. They got rid of Bill P in one year and PK was still on the board. So, it’s possible to remove someone pretty quickly. At least we can thank Linked in for helping expose JD further with is latest rant on Remote Work. The berm can’t shield him any longer. I’m totally “here for the comments” on Linked In as all sorts of people from a variety of industries are calling BS on him now and other news agencies are picking up the vibe and a publishing the backlash.

I absolutely don’t disagree but is it possible he’s saying that so as not to sink the stock price further? I can’t imagine him saying JD does not have his support then not auctioning on that immediately without the stock nose diving. .

@ygv I'm going to take this one step further in anger. I'm usually online by 6 or earlier and have completed at least 3/4 of a normal work day by noon as my teams are distributed and obviously global. This is how the lights stay on. When I tuned in to hear PK dissing remote work I shut it down.

Anyone who believes this business or any modern, global corporation for that matter does not in 2024 require departure from colocation needs education and a fu---n reality check. PK doesn't understand how Nike works anymore, and that's OK, but he needs to take a bow and step out of the way. He has plenty of billions to spend in ignorance while not destroying the business with ideas predicated on half a century ago's prehistoric norms.

Spot on. I remember this all started with fireside chat rant where PK was dissing Remote work. That morning I wrapped up my other work and I was eagerly joining the fireside chat to hear PK & JD, which quickly turned into an annoyance and displeasure, especially after, I was just coming out of a remote working session with my team of engineers that morning. I had already accomplished 1 full hour of solid work with my team by 9:00 AM from my home office prior to fire side chat, and here was a 80+ year old guy lecturing us how it doesn’t work. With tyranny back in place, these days, I’d be lucky to get to my desk at 9 am after trying to beat the traffic. All these guys have special placed reserved in he-l for the amount of wasteful GHG/Carbon emissions that they are pushing into atmosphere with 4:1, no amount of sustainability (with pi-s poor 10 charging spots) is going to reverse damage from 4:1.

Commit; stand behind; Listen; empathize; adjust; Heck you could be wrong, when so many are voicing it.

It is both. We all know that JD is a horrendous CEO. But Knight must now be held accountable for his horrible choice and unwillingness to correct his error by firing JD.

Why not both?