All you need is charisma to lead when things are good. Things are not good and need to be led with tough decisions and swiftly. For tech he needs to cut at least 2/3 of employees and give the remaining a 5% raise to get folks out of slump. Cut all... — read more
the new GT strategy is adoption 3rd party solution
All in-house solutions, especially those in FPE, are no longer viable. Adoption solutions from the market is faster and allows the use of professional solutions, so adoption doesn't require as many engineers as building. Hence the reorg and layoffs.
EH has been in the driver seats for 18 months and so far he showed nothing
WHEN WILL HE COME OUT NEW STYLE OF SHOES THAT REGISTER WITH PEOPLE!!! Where is next AF1, AJ1, Cortez? Next Air technology or Air Max technology? What is upper management doing? Other than figuring out how to cut the company and retreat!!! If EH... — read more
No work from home E-mail today?
No work from home E-mail today? No reorg coming week?
$40 stock?
Maybe if we’re lucky. There is no growth story anywhere to be found… No cool factor and dusty as ever with the retro cycle continuing. $40 stock at best.
No style
We should use AI to design our shoes, it has to be better than what’s come out recently. Tech will sell them for yah, if you make something worth selling!
I hope I'm on the list this time
I just can't do this anymore. I'd take anything else at this point, even something that pays less. I know the market is rough, I know the odds. But I've got savings, severance would buy me some time, and I'll figure it out. There will be other jobs... — read more
What is the expected scale of layoffs at GT?
We have 9k staff at GT right now. Will the cuts be 500, 1,000, or 2,000?
Don't expect layoffs to stop any time soon
This isn't ending anytime soon. They've been cutting consistently through the last several years and that seems to have turned into a business strategy. They're not even trying to hide it anymore. If numbers need to look better, why bother with... — read more
How many hours are you actually working?
Be honest... how many real hours are you working per week? Not meetings or being online… actual focused work. 10? 15? I think most people spend their time in meetings instead of actually working.
Can stock fall below 50?
Is it possible? When do you think it will happen?
Stock price prediction thread
Place your bets! Where will the stock price will land on earnings release day?
We already know about layoffs in PHK, EMEA, PTC, when in ITC?
unless they get ”special” treatment again …
Adidas WC Jerseys Blow Ours Out of the Water
Sad to see how nice the Adidas WC jerseys look compared to ours. Is this a continued sign we are going down?
Tech
Hope this isn’t going to be a big nothing burger. For all the non work, waiting around, and lack of direction, cuts should be deep enough to affect operational costs or it’s another failure.
Nike Director+ (U.S.) Leadership Diversity Trends 2015 → 2024
Estimated — Nike Director+ (U.S.) Leadership Diversity Trends (2015 → 2024) • White (non-Hispanic): ↓ 12% - 15% • Non-White (racial/ethnic minorities): ↑ 45% - 60% • Women: ↑ 20% - 30% • Men: ↓ 15% - 20% • Minority leadership: ↑ 30% -... — read more
PTC GT Organizational Update Email received - here it begins
Re-org email from RA received in the morning - here it begins. Seems like PTC is the first geo that starts the re-org. Per email local consultation requirements are starting this week. Other geos, good luck - you are next in the row.
Just a Reminder
AC's a walking lie. Every word out of his mouth is garbage—nobody believes a damn thing he says. He’s not a leader, he’s a joke. Terrible speaker, zero tech knowledge, just hot air and buzzwords. And yeah, he’s right there helping ship our jobs to... — read more
Get it over with!!!!!
Please say we at least get the WFH next week this Friday, it’s time to be done.
Has MD’s failed tech strategy changed
Is the now tech strategy different from MD’s? and if not, aside from new LT appointments, why the layoffs considering a justification was given for the last reorg was mere months ago. Is the comp bleeding that bad?
Getting mentally ready for another toxic week at campus
Spring break should be less toxic, so I hope…
should I stay or should I go now?
with the state of affairs, and the state of the job market in IT in general, if you had a job offer for a similar salary, less but close, less benefits, hard to match the swoosh, would you take it, or hold out at the swoosh for the 'promise' of long... — read more
Q results won't matter
Record profits? Cut people, more for the top. Rough quarter? Cut people, more for the top. The math never changes. We just end up on the wrong side of it every time.
So far - no layoffs, no wfh email for GT.
It looks like it will be in April. We'll also see what the announced third-quarter results look like, which will say a lot about the scale. I think the Senior LT already knows exactly when and how much layoffs will occur. I hope they reform the FTS... — read more
North Star
The reason we’re in this mess is that tech teams lack guidance. I hope they bring back Enterprise Architecture with a vengeance. I see it everyday, rank and file engineers either don’t have time or the vision to design the next generation of... — read more
At Will Employment
There’s this thing called “At Will Employment”. It’s an HR policy that is downplayed or not even mentioned. It’s standard across companies, especially for non-executives, like everyone on this site. I recommend all Nike FTEs to get familiar with... — read more
I love how raw and u filter this website is about Nike
Keep showing the love for Nike
Not enough …
I wish they gave us more notice before this layoff, maybe 6 months. That would give us time to get our affairs in order and enough time to prove our worth to our respective VPs.
F-k VA
VA has zero understanding of technology or operations. Most of what he says are just polished filler phrases he’s relied on for years, rather than real substance. Someone please end this misery.
Nike Leadership Diversity (2020 → 2024)
Nike Leadership (2020 → 2024) from Publicly Available Reporting • Women (Leadership): +7.6% • Men (Leadership): −5.5% • U.S. Racial/Ethnic Minority (Leadership): +17.2% • White (Leadership): −7.0%
At this point, does anyone still believe we'll ever find our way back?
Not just to the culture, but to having a direction that makes sense. All these reorgs and layoffs feel like they're just propping up the stock price. Because I sure can't see any other purpose.
when will GT FTS reorg?
This organization looks very strange, I mean the domain merger and the fact that VPs report to VP. On top of that, there are strange creations like Tech Mod, a lot of in-house solutions and a lot of lazy engineering dinosaurs in various positions... — read more
MF doesn't get it
AC actually understood the product and knew how to protect it. I vividly remember him jumping in on earnings calls to take product-related questions over MP and TE. Now we literally hand entire NFL sideline teams Panda Dunks to wear en mass on... — read more
The stock is going hit below $53 today
A new milestone! last time was oct 18, 2017. Going back to the old Nike that was a growth company.
SEC?
did SEC go through a restructure this week, thought I saw that somewhere here, and that SEC biz is next week is that true and if so were a lot of people let go? trying to gauge size of this thing for upcoming weeks, seems many are freaked out, also... — read more
If anyone wants to axe me, I'll tell people it's brutal out there looking for a job
Laid Off by my company in My 60s, I Can't Afford to Retire - Business Insider https://share.google/hRpFuSSI6CnVwc7HP
So what's the consensus on the layoffs timeline?
Next week? Next two weeks? Right after the Q report?
Severance Details - Facts only pls
Let help each other navigate through these troubled times instead of spreading rumors or hate. If you can please share severance facts anonymously. 1) Does Nike accelerate vesting for all unvested RSUs ? How about options ? 2) Does Nike provide... — read more
Spending budget before cuts?
How are some teams luxury traveling overseas for “market travel” nextweek? Seems tone deaf to me. guess they gotta spend they budget before cuts?