Thread regarding Nike Inc. layoffs

Nike is going to be the next Nokia or Kodak. It's slowly ki-ling itself for poor decisions, toxic leadership and lack of diversity (just because you see diversity on marketing, doesn't meant it's the same inside the campus).

Every one here is complaining about lack of transparency and communication. Come on folks! Even when TC communicate through these many Huddles, I still understand nothing! They communicate in fancy BS corporate buzz words and vague language! I have been through 3 huddle calls so far in one week and those "communications" just added ambiguity!!! Such a waste of time! We are going to offence?!!! What the f** does that even mean???

MP should make JD and all ELT take paycuts, you take the accountability, take the cut. But better would be forcing JD out. PK never hire your consulting friends, hes not your friend, never was.

"Do the right thing" is clearly defined in the code of conduct - it means assessing decision making and behaviors both legally AND ethically. The ethical component of it has always been a challenge for the executive team, but the current "servant leader" has completely abandoned even pretending to care about ethics. Or his ethical standards are way different than mine. It started with pushing the vaccine mandate and went downhill from there.

Nike is a tu-d circling the bowl, the brand is stale and younger generations are shunning it in droves. The appalling incompetence of the "leadership" clown show is virtually guaranteeing the tu-d goes down the drain as there is zero plan to recapture lost market share. The Next% garbage looks like something an MBA student came up with while doing jell-o shots "Win in fields of play" WTF does that mean? Duh of course you want to win but a strategy is supposed to be your plan for accomplishing it not merely stating your wish to do so. The recent layoff fiasco has exposed what internal folks already knew about Nike's lack leadership, there is NONE. To drag out the RIF Like they did for over 4 months and left virtually everyone twisting in the wind ki-led off what was left of a once happy workforce. The new CTO & her cronies were partying it up with AWS while 20 year veterans of the company were kicked to the curb.

First time?

In recent years especially, whether in the employment realm or elsewhere in society, “Do the right thing” has too often become a highly subjective matter.

Take the 2020 election for example. All those GOP politicians clamoring about a “stolen election”? They knew darn well the election hadn’t been fraudulent. “Doing the right thing” would have involved them saying as much. But in their morally bankrupt minds the “right thing” was whatever served their immediate political purposes.

We now see a similar dynamic going on at Nike where the “right thing” is just as subject to the whims and more immediate needs of executive leadership as it is any widely understood notion of what’s actually “right”.

Any CEO truly interested in doing the right thing and making $20M+ year who is laying off hundreds upon hundreds of people would feel guilty not taking a huge pay cut under those circumstances. Is that kind of accountability being seen here? Nope. Senior leadership here is still plenty happy looting the corporate treasury with massively over-inflated compensation while telling hundreds of employees “Sorry, but you’re too expensive and it’s going to be financially unviable to keep you employed.” Like the thought never occurred to them that if each member of senior leadership just took a 20% pay cut that alone could keep at least 100+ people employed.

“Doing the right thing” at Nike in 2024 means one thing only: look out for YOUR OWN interests first and let everyone else deal with any negative fallout that arises from your blatant self-interest. I have recently adopted this mindset myself.

For me it means doing the bare minimum I need to do to keep my job, no longer volunteering for any work I don’t absolutely have to do, trying to stay under everyone’s radar, and in every other way looking to minimize what I offer Nike. It’s been difficult to adopt this mindset since I’ve typically been a go-getter. No more. I now login at 8:00, do as little as possible until 4:30, then logout. Email me after hours and you’ll hear from me next time I’m on Nike’s time rather than my own time. I’m completely done going the extra mile for a company that may just as well terminate my dedicated & loyal employment next time leadership demonstrates its lack of competence via poor financial results.

Nike, you have finally beat me into utter complacency and lack of concern for anyone or anything but myself. Congrats!

You're expecting a lot from a big corporation. Yes, it would be nice to get more communication but the reality is legal concerns and scale of organization combined with new gaps in leaders mean most of what you're asking for is not allowed or is a risk no one wants to take or is simply not known yet. It's pretty funny whenever I see people asking for lists of who's been laid off. That's not going to happen, there are potential lawsuits if an employer blasts out individual names of people laid off. Also, people need to be patient. If you're considered relevant to know then in due time you'll be informed of what your role is, what your team is etc. So many leaders are gone or will be new in their roles which means they won't have any answers for a while. I do understand this can all be very frustrating and stressful and getting answers might make oneself feel better but the reality is...if you're still employed then I'd be grateful just to still have a job right now and take the ambiguity and lack of messaging as a sign to take a mental break from it all and focus on whatever can make you relaxed or happy for now. The work will come eventually no matter what.