Thread regarding Nike Inc. layoffs

It has almost been 10 years to the day........

I was hired on and the future was bright.
High salary, good options, good bonus. Lighter work load but very interesting work.
That became the status quo for the first 2.5 years.
Then onto a project that had legs but should have been completed in half the time.
The excuse in length was, don't #$%@ up the brand. Valid but the program still took entirely too long.
All the time the better than avg salary/options/bonus arrived.

The next 4 years flew by but the work was not mentally stimulating. In the back of my head I knew I should leave to stay sharp but those golden handcuffs kept me.

The last 2.5 years have been terrible, still a great pay package but at this point in a career there needs to be more. There is not.

No bright future for the company, no groundbreaking tech to boost a new footwear line.

Just backstabbing and cliche high school atmosphere which does not fly in the FAANG corporations in which i have previously worked for.

Its a shame as I loved Nike in those early years and would have bent over backwards to forward the corporate agenda.

I'll stay but no longer have that fire.
Too many VPs to count and absolutely no clue what some do. How a corporation can justify the cost of VPs that barely contribute but a slide deck now and then. Slide decks do not keep the lights on.

Nike is down, Portland downtown is down, that 2016 vibe is long gone.

I am just planning to milk the Nike te-t until my day arrives. It eventually will.

People will say then just leave. Not a chance in this Portland job market. My family would take a hit and that is not happening.


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| 1973 views | | 10 replies (last January 22) | Reply
Post ID: @OP+1kf1jah00

10 replies (most recent on top)

the problem with NIKE was and still is is HUBRIS.

Now, this is not a issue that was isolated to NIKE. Every big corporation, sports teams, groups and even individuals go through.

The previous generation of Nike staff was the one that brought Nike to the level that is today. Then about 8 to 10 years ago everybody starting with MP down got arrogant and lost the compass. Many believed that their fa-t smell like perfume. And gradually that is when sh-t started rolling down the hill.
Being titanic size, Nike could not move nimbly and hit the ditch and that is where they are today.
And based on what I saw last 16 months, I don't think EH is right person.

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Post ID: @19x+1kf1jah00

@b7 the OP actually isn’t the problem. The toxic work environment
Is the problem. The so called “leaders” that make it what it is are the actual problem. People have lost their motivation, their voice and their inspiration because Nike leaders and the overall culture are toxic and stale. @b7 you must be licking someone’s b** if you can’t see how bad it actually is. You’re probably one of the “good old boys at a frat party” while the OP is showing up to work.

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Post ID: @s9+1kf1jah00

Just backstabbing and cliche high school atmosphere…

Sums up company culture perfectly. Toxic, basic, boring scrambling for bits of power and anyone unique , with edge or slightly not confirming to norms is torn down to shreds.

What built this brand is no longer the soul of this brand and momentum is running on fumes of the past

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Post ID: @mx+1kf1jah00

@bc
Of course FAANG paid more - but not as much as you think. RSUs were definitely higher though.

As always, there are tradeoffs. Work Life balance.

At some point in your career you will choose life. Once financially in a spot that is comfortable.

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Post ID: @eg+1kf1jah00

Shhhh. Slide decks do keep the lights on for ME.

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Post ID: @ef+1kf1jah00

Nostalgia runs deep here. You write as if 2016 was a great time. However you forget Nike was falling short of its revenue targets that Mark Parker sent the previous year. We failed to get TPP passed. There was significant political jocking going on.

Then we had the me too movement after the ‘17 reorg. Then the John era… and you think now is bad?

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Post ID: @c7+1kf1jah00

isn't everyone at a big salary and not motivated, hard to be motivated with no reward for efforts and no direction or wrong direction, or random changing direction......people generally want to work hard, but the system doesn't let them

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Post ID: @bj+1kf1jah00
  • 1 OP you are the problem. Big salary, no motivation and still not leaving. Leave.
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Post ID: @bf+1kf1jah00

@OP you claim you were in FAANG and you are getting good money in Nike!! That's BS. Nike pays half of what FAANG does for the same level.

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Post ID: @bc+1kf1jah00

OP you are the problem. Big salary, no motivation and still not leaving. F U

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Post ID: @b7+1kf1jah00

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