Thread regarding Nike Inc. layoffs

Dumpster fire - be proactive!

The place is burning. Stock will sink this year.

Wall St is aware of the awful management, finger pointing, mediocre product, garbled strategies, wholesale blunders. Shareholders are selling off. Paris ain’t the answer, our customer could care less.

If you’re not laid off this month, high chance you could be as part of $1.7 Billion left to reduce in 1.5 yrs.

Not pessimistic. Realistic. Control your future, leave and avoid the headaches and preserve your sanity! Hopefully you’ll get severance, if not leave asap even for paycut and don’t look back.

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| 1062 views | | 3 replies (last April 24, 2024) | Reply
Post ID: @OP+1sc5Ak45

3 replies (most recent on top)

Can we please not panic the shareholders until I unload some of this ESPP I’ve been accumulating like it was pre 2019?

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Post ID: @wad+1sc5Ak45

It started when we changed our goals from making the best damn product ever, to hitting a $50B revenue target.

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Post ID: @ngt+1sc5Ak45

You're probably spot on. A decade of delivering the impossible, I was tossed in the trash on Monday. Whether it was covid or not, this place started a death spiral in 2019 and its likely to get much worse before it gets any better. Cheers.

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Post ID: @jxi+1sc5Ak45

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