Topics regarding layoffs at Nike Inc.

Topics regarding layoffs at Nike Inc.

PR Own Goal / Mary Earps Goalkeeper jersey

https://www.theguardian.com/business/2023/aug/24/mary-earps-and-other-female-goalkeeper-shirts-to-go-on-sale-after-nike-u-turn This was a massive negative PR issue during the Women's World Cup - where were the UK / EMEA Comms leadership? I heard the... — read more 

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| 1220 views | | 2 replies (last September 18, 2023)
Post ID: @OP+1olS1nHE

Lie after lie

The only thing Nike senior management is good at is lying. That's it.

DSM Career Stagnation

Will there ever be any promotions within the ranks of DSM? It seems that all the leaders in DSM have come from elsewhere, i.e. finance and strategy. There are terrific Directors and Sr. Directors that understand supply chain/planning better than the... — read more 

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| 1860 views | | 1 reply (August 28, 2023)
Post ID: @OP+1oiDTIP2

Show JD the door!

How long will the board and shareholders tolerate the stock price meltdown (we are almost back to the price when JD took the helm as CEO), before they are going to show JD and his team the door?

Anyone have interesting ER/HR stories?

Heard of a few unusual and abrupt terminations this year - got any good ER/H.R. investigation stories? Early this year a colleague got termed for bringing claims against their direct supervisor...it was pretty clear ER/HR didn’t conduct a good... — read more 

Hard work is not acknowledged

Why should I bother and give it my all if I'm getting nothing in return? I'm being treated exactly the same way as people who barely do anything the whole day. Then they wonder why productivity continues to fall. You give me no incentives to work... — read more 

Let me give you a clue about Nike

Never trust that you're safe and always keep looking. Think about the long term strategy for yourself and your family. Always "YOU" first, because you are their second choice. You are never safe.

Stock Sales

Got a notification from Market Watch this morning that MM sold 40,000 shares worth 4,343,600. Must be nice. Actually money made at the expense of others suffering can't feel that great to the soul. I hope she buys a nice boat and it promptly sinks. — read more 

Racist director

My director is in the process of laying off our (really good) Ukrainian contracting team to free up budget to hire yet another exclusively Indian team. This isn’t the first time they’ve done this. Why is HR doing nothing about all these racist... — read more 

Stock ranges in new gradings?

Is someone able to share the ranged for stock awards in the new gradings? Looking for the ranges of grades 50 & 55

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| 1510 views | | 1 reply (August 11, 2023)
Post ID: @OP+1nZ8AxIZ

What is the deal with performance plans (PIPs)?

I have a coworker who was placed on a performance plan and our whole team is absolutely d-mbfounded. Not a single person can fathom what he could have possibly done to get on a PIP. He's the most dependable person on the team and extremely smart, has... — read more 

JD’s 3.5 yr tenure & stock performance

JD took over for MP in January 2020. The stock has increased 9% in this time ($101/share to $110/share currently) despite dedicated restructuring and cost efficiency efforts. JD is managing Wall Street or FTEs? Both? At what point does the board of... — read more 

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| 3020 views | | 8 replies (last August 6, 2023)
Post ID: @OP+1nS5pw9D

Anyone else have 5% of their bonus taken?

It’s funny how the migration from “VALUES” to “Grade” has resulted in lower bonuses for the people doing the work, and higher bonuses for certain levels of senior leadership. This whale is bleeding hard. Get out while you can.

Nike doesn’t care about the future

Think about it. Most of the people who are being laid off are people who have shown the most potential and could be developed into excellent managers/leaders in the future. Instead, they get the boot and the losers who love to kiss a-s are the ones... — read more 

How is AOP?

Our engineering org will have reductions, probably of contractors. Not announced yet.

Does Nike Blacklist?

Two yrs ago, massive layoff in Hilversum EHQ. Ever since i’m not able to get ANY job! Was part of reorg, worked for a dreadful manager who doesn’t do sh-t all day except showing herself off. Ever since i’ve applied for jobs left and right, sometimes... — read more 

Nike rehire policy

Is there a wait period before a terminated employee can join Nike back? I see an opening that I am interested in. Unfortunately we (both me and my spouse) were laid off in the Nike donation fiasco. We were unknowingly caught in this mess. It’s been... — read more 

Hiring without interviews-WTAF?

The Peter Principle is alive and well at Nike. I’ve noticed several positions in my org have been filled without any observable interview process taking place. Colleagues in other divisions have noticed the same. I thought this was illegal or at... — read more 

The Sneaker Bubble Is Bursting Around Nike

Consumers are being more discriminating when it comes to spending, and expensive athletic footwear is pretty low on the list of priorities. Few companies benefited from government largesse during the pandemic era more than Nike Inc. Stuck at home... — read more 

No PSP Talk?

Surprised at the lack of PSP talk, also genuinely surprised that PSP was 119%. Good on the almighty decision makers. Based on rumors I’ve heard and with the higher PSP, I expect raises to be lower than expected this year. Thoughts?

FTW Dev reorg?

Now that BE is out what’s the plan? Plenty of people left already, more to come?

Anyone check industry salaries lately?

While Nike has frozen the budget for 2 years everyone else has been increasing their wages 5-10% every year. Roles looking for half my experience are suddenly paying dozens of thousands more than I make. Time to start applying. I feel d-mb for... — read more 

ETW/Contractor Layoffs

Any idea what’s happening with the mass contractor layoffs at Global? Think it’s tied to the Guardian article about the contractor investigation?

Rat is gone but the droppings….

Why has there been no inquest into all the Kohl’s hires? They were hired lightening fast with some shady interview practices. These bunch have taken Nike culture to the gutters. Financially too, paying Bay Area salaries for some substandard talent. — read more 

Commerical Analytics?

What do they exactly? Someone told me that 40% of their workforce was cut. When did that happen?

Tech reorg?

A lot of shuffles and reorgs happening in different teams. It seems that SEC is the lifeboat, and people are scrambling to be part of that

Nobody on our team talks to each other anymore

Our manager has created such a toxic, adversarial atmosphere that we're now working in a man-eat-man environment. Instead of working together, everybody is looking at how to get one over somebody else. I hate it. I've been trying to get out of this... — read more 

Macys should seek a Retail Therapist

It’s not a matter of IF that little minx of a Goddess will leave you again…it’s WHEN. Macy’s…break the cycle! More validation that the 2020 reorg was a complete bust. The leaders stay and just reinvent old strategies as new, brilliant out of... — read more 

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