Thread regarding Nike Inc. layoffs

It's depressing to see a company spiral toward rock bottom like this

Just think of all the wasted potential in the last decade or so. We were at the top once and now we're getting closer and closer to rock bottom. It's almost unbelievable how things have changed in such a short time. All because of the greed of a few people in charge. It’s hard to watch, not to mention be a part of it.

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| 921 views | | 6 replies (last July 2, 2024) | Reply
Post ID: @OP+1tj6LUVP

6 replies (most recent on top)

@xtq+1tj6LUVP When apple and sumsung were arrived, Nokia probably thought exactly like you

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Post ID: @kco+1tj6LUVP

The execs win no matter what, they extract $$$ regardless of how the stock performs. Granted, if things are good they extract even more but even when things are not good they still make huge $$$.

The rest of us are here on TheLayoff trying to figure out what's going on

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Post ID: @pjv+1tj6LUVP

not according to it's stock it's better than its competitors...

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Post ID: @eqi+1tj6LUVP

if you purchased nike stock this year, you’re -40%
if you bought Gap you are up +150%

go figure

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Post ID: @aga+1tj6LUVP

Books will be written about this?

A blue chip company with a 20% stock drop, that is just incredible...

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Post ID: @ycu+1tj6LUVP

Nike is still bigger then the next 4 competitors combined
It’s gonna be OK people

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Post ID: @xtq+1tj6LUVP

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