I know there’s a lot of frustration about the layoffs at Nike Corporate, EHQ Tech, and recently Converse, and I’m hearing there may be another one coming in Tech. Layoffs are always tough on people.
But an honest question after 3000+ roles were eliminated, what major capability actually stopped working or broke? It feels like most operations have continued as before which suggests there was significant organizational bloat that likely needed to be addressed.
Ultimately, growth will only return when the product lineup improves. Not by avoiding layoffs.