https://www.bloomberg.com/news/features/2024-09-13/nike-nke-stock-upheaval-defines-ceo-john-donahoe-s-tenure

I’ve been gone a while from Nike. It’s a company that I love to the core - but the Nike I knew probably closer to 7-10 years ago. It’s agonizing seeing the change from the outside, and the destruction of such a unique place. I was senior (in the VP... — read more 

https://www.bloomberg.com/news/features/2024-09-13/nike-nke-stock-upheaval-defines-ceo-john-donahoe-s-tenure The vultures are circling. The article goes easy on him to be honest.

Over the next 1-2 years, here's what to expect: Nike will issue further lowered revenue guidance for FY25 during the upcoming earnings call. This will lead to shareholders completely losing confidence in the current C-suite, causing the stock price... — read more 

Does anybody here work in Apparel GSM? This org and teams have gone to s#!t. We basically got rid of all the leaders that actually knew what they were doing and replaced them with new people from different orgs that don’t have a clue what is going on... — read more 

Asking for a friend she laid off

They really managed to weed out a lot of talent, competent and hard working peeps, and those who were the backbone of their teams. They also kicked out dissenting voices. Many people who would be able to contribute significantly to whichever revival... — read more 

Paystub says 9/10 but still nothing!

Employee survey results are bad. The comms team is scrambling to cover it up. They are afraid to open up the chat at the next all hands meeting. The VP’s are all trying to save themselves on the comms team.

Anyone have any updates on the two retaliation lawsuits? One named LJ and RL, as well as an SEC investigation for SOX violations. The other I think had to do with NDP. Also, anyone know anything about the SEC investigation?

https://www.bizjournals.com/portland/news/2024/09/10/nike-employment-decline-2024.html

Working at Nike has been the strangest experience – the longer I've been around, the less anyone seems to care. It's honestly the worst job I’ve had, ever. You'd think sticking around would earn you some respect, but it’s the exact opposite. The... — read more 

All this talk about JD getting the boot but what about Footwear Leaders? Been the same Leadership team for the last 5-6 years. Someone needs to take accountability for all the product decisions that have gotten Nike in this predicament.

NA VP/GM: CS EMEA VP/GM: CG APAC VP/GM: AD LATAM VP/DIM: DB

There you have it

Any bets? Up? Down? Sideways? Let’s see who has the closest guess!

I’m scared. 😱

Any predictions on Q1? Will this be a nail in the coffin for JD. Will it be his redemption? If he does announce his departure, will that bring another significant reorganization?

check the org charts in Workday you will see Bain consultants reporting directly into the CFO and the CSO as well as other c-suite at Nike. This is free for any employee to check... Why do they have external management consultants reporting into... — read more 

Just notice a new round of layoffs happening today primarily in recruiting and TA. Any other departments affected?

GT VP's were supposed to move to WHQ before end of summer. I still see them working from the comfort of their homes. Why are troop's required to be in office when VP's can work out of their home?

It would most definitely help our poor stock 💀

https://www.propublica.org/article/nike-shareholders-annual-meeting-climate-worker-protections "Every one of the 18 Nike shareholder proposals to reach a vote since at least 1996 has been rejected, according to news archives and securities filings... — read more 

(To the tune of "Hotel California" by The Eagles) Verse 1 On a dark corporate highway, consultants by my side, HON in her designer gear, just along for the ride. Up ahead in the distance, I see the market’s decline, But I’m cruising in my private... — read more 

Is JDI day not happening this year? Feels like we should have heard something by now. Eliminating it is an obvious way to cut costs and last year was a big step down from years prior. But, it’s a sign of the times if we don’t even have the Nike... — read more 

Everytime I’m trying to post on here, a Walmart ad prevents me. Do you think this is some bug Nike HR introduced?

Let’s see the responses.

Has your team promoted anyone in the past year? Mine hasn’t had any in over a year.

That’s what happens when you lay off so many people wholesale without a general idea of what you actually want to achieve. I don’t know how your team looks like, but mine feels like it’s missing at least half of the workforce necessary to complete... — read more 

We have been focusing on all the wrong things instead of what we're good at and what were always our main money-makers. What has to happen for the company to realize that we need to return to our roots? I'm not holding my breath that It'll happen any... — read more 

…as he wakes up in the morning to prepare for another day of hard work? What’s his internal monologue like?

Heard from someone in touch with a reliable source that 3-2 hybrid model is going to be back from Jan with Mon Tue and Wed as anchor days. Apparently one of the 4 things going to be done after disastrous employee survey results. This won’t help me... — read more 

Has anyone had any success with speakup portal ? I have seen no response for weeks. Any other options ? The company has just checked a box of some government law to have a portal for reporting , no follow-up from anyone for the inaction.

My fault for picking the wrong decision, and it’s cost me the severance package and my mental health.

What happened to Nike's culture? How did we go from a place I was proud to say I work for to the toxic mess we have now?

I've been here more than 15 years. I'm so burnt out in tech. 50 different departments all developing their own roadmaps without talking to others. Shoddy implementations excused. No buy-in from leaders on practically anything. Bickering and... — read more 

If you haven’t seen already - the Intel folks on layoff are talking about major layoffs and also splitting up the company This would make the situation in Portland even worse - major loss of talent and difficult to compete for local area jobs, esp... — read more 

I periodically drop by to see if maybe, just maybe JD, HON, MM, MF’er have gotten what is coming to them. This crew has allowed Nike to spiral into the abyss, but alas, they are still collecting their millions while others worry about their safety... — read more 

BoF fully speculating on JDs imminent firing. I heard a rumor from the top that he was going to be out before the quarterly results. But JD is a true corporate limpet, and the old man with the only functioning crowbar is cognitively challenged, so... — read more 

don’t think it would be appropriate, doesn’t feel good either