Thread regarding Nike Inc. layoffs

@t0 Layoffs is a common theme at walmart.

We need more, not less h1b. More diverse work forces are the future of the US. We will defeat maga and make this country amazing again.

Why come Walmart has better accountability than us?

https://www.ctol.digital/news/walmart-fires-vp-kickbacks-terminates-1200-contractors/

The H1B firms probably treat their “employees” better than Nike’s own contracting shell companies do. Magnit / Pro Unlimited is an absolute unmitigated disaster. Nike’s cash cow days are over, you’ll be parted out and sold for spare parts by 2030 to some Cricket apparel brand at this rate. I’m ashamed that for years I lied to myself that Nike wouldn’t treat its corporate employees and contractors the same way it unapologetically treats sweatshop labor. Put that in your brand brief and smoke it.

Everything run by an outside vendor costs exponentially more. The medium to long term ROI is never there, and costs to develop the talent needed to take that back in house. Experience matters. The three legged chair is speed, quality, and experience —- need all three to be efficient. Tell me the ROI on sending something offshore that used to be done by 2 people (globally), that now takes a team of 30-40 offshore? Everything going in now is of lower quality, we much slower at everything, and we’re losing functional experience left & right in all teams.

This is awesome...less of them and more US citizens.

That’s assuming the contracting companies are “US Based”

ITC has produced exactly 0 useable tech assets in the last three years between 4 teams in my space. Come to them with requirements and they will explain to you why the business is wrong.

@a2 US college graduates are legitimately cheaper than an offshore contractor.
Roughly 50k + healthcare vs 55k (times 3 for their firm’s profit margin) annually. We’ve been running funny math for years. The initial offshoring situation was setup by a now “voluntarily retired” ex-leader that got significant kickbacks.

Nike’s problem is HRs implementation of DEI (white blindness) makes it appear as if there are no domestic applicants available. Coupled with a general inability to understand and filter technical resumes. The only junior engineers we hire were either interns or a manager’s niece.

All of this has been overseen by leadership that don’t plan on working with Nike longer than 3 years. So internal talent growth is the last thing they care about and hasn’t been part of their performance metrics for a decade.

Great. Seeing as the number of unemployed talented American born tech workers is massive I see this as a plus , also not necessarily reflective of salaries going up as it’s so competitive in the job market they can likely still find talent stepping down just to land something