Thread regarding Nike Inc. layoffs

Alcohol, smoking and other more serious "things" are well known to be unhealthy for people but that has never stopped their broad usage. Layoffs are the quick artificial high the executives can't quit regardless of what the science or common sense might say. They only care about juicing the numbers for a few months or at most a couple of years so they can tread water long enough to mature the millions in Nike options and rsus they hold and then peace out to their mansions. There is virtually zero downside to failing in the executive ranks because there's no shame and no accountability. Look at JD as prime example 1. He ran the company into the ground but left far richer than he came in and then landed a multi million dollar pay day somewhere else. Win win for them and lose lose for everyone else.

Layoffs are only popular with Wall Street when the economy is good. They get short term gain regardless and companies have runway to correct the issues causing the layoffs if it's all spin.

Wall Street is well aware of the pressure that Trump's tariffs/recession are putting on the economy and companies like Nike. Of course firms are less forgiving right now. 🤷‍♂️

Someone send this to the board

There will be more smaller layoffs that are just below the threshold to report publicly. And more expansion and contraction of temporary workers.

Layoffs cut the employee and rarely cut the work. Recruiters have already contacted me for contract work of my previous job!

That doesn't mean layoffs will not happen @OP.