Thread regarding Nike Inc. layoffs

NIKE'S NEAR TERM FUTURE WILL BE DETERMINED WITHIN 3 TO 9 MONTHS

if we are in same circle going on and on with demoralizing layoffs, same stupid upper managements who has no clue or leadership quality, no new design of revolutionary shoes and direction then Nike's clock is ticking as we speak.

EH and new admin has here past 18 months. And 3 to 6 months will put his admin past 2 years. If they cannot come out new strategy, design and campaign with Nike's resource then we can say that EH is not right person. Or bluntly put, a failed turnaround CEO.

IF EH admin. cannot come out with new direction any time soon then Nike will be in deep sh-t and time to look for someone new.


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| 3 views | | 5 replies (last 25 days ago) | Reply
Post ID: @OP+1krykc0jz

5 replies (most recent on top)

@ek Selling definately a possibility cant seem to get anyone to really run the company. The stock tanking, board doesnt really care, EH bought tons of stock at the low, wonder what other stocks he bought. Insider trading?

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Post ID: @gm+1krykc0jz

EH has no strategy. The best we’ve seen from him have been a few “down to earth” talks and plenty of tears

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Post ID: @fh+1krykc0jz

Things are not going to get better at this point. Everyone should be applying to new jobs. Nike will eventually be sold, but we're probably 3-6 CEOs and 12-15 reorgs away from that.

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Post ID: @ek+1krykc0jz

@as I am sure that case of Nike and UA will be studied in B-school everywhere.

where, why, who and how they could have messed it up so bad?

Over confidence multiplied by short sight ness and added by a lot of stock options is the reason why.

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Post ID: @ds+1krykc0jz

True.

Very sad since Phil Knight and the Board has 100% responsibility for what has happened. What a disappointment. Pretty basic M.B.A. case study - a bunch of bad business decisions, and some serious headwinds, with no ability to bring meaningful CHANGE LEADERSHIP because they aren't leaders. EH, HON, VA, and MF and the rest of these bozo's prove that they didn't understand how bad the Woke rotted the company's core values. Put a fork in Nike. It's over.

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Post ID: @as+1krykc0jz

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