The 2024 layoff was an absolute cluster. The company basically lost an entire year due to one of the most inept corporate executions I've ever seen. Everything was at a standstill between December 2023, when JD made the layoff announcement, and September 2024, when EH came on board. Now think about a company of this size being at a standstill for a year... there was no way this was going to be a quick turnaround, regardless of what anyone said. Even if the layoffs made sense, their poor execution negated any impact it was supposed to have.
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@d7 culture flows from the top. Full stop… leaders either perpetuate a culture through their behavior or condone it their their silence. Make no doubt about it though, culture flows from the top.
this is a pyramid scheme shaped like an hourglass, the 50+ people are exploiting the serfs and the shareholders at the same time.
when will institutional investors wake up that they are being duped by some woke oregonian losers?
I don’t think you’re saying this, but what pains me is that everyone points to the big leaders (VP and above) for culture. When in reality it’s everyone who builds and maintains culture….to an extent.
Senior Directors and Directors, I’m looking at you. So many of you are sycophantic losers who haven’t created a damn thing in your entire career. Many of you have routinely punched down on the lower levels and treated us like children unfit for big kids conversations.
Surprise surprise - none of us below those levels could give a fu-k less about whether the company succeeds. Good luck with your free stock awards. It will be literally free stock before you get the boot next year….and many of you deserve it.
It’s at a standstill today
I think the same thing basically happened in 2025. I.e. nothing happened.
Classic…the beatings will continue until moral improves
I just love how EH told us he foresaw no changes needed for the current headcount and layoffs were done, yet we keep having rounds and rounds and more rounds. When will this madness end? There’s so many open job listings too, perhaps those should be removed if our headcount is so wrong.
I agree, after JD (and Nike BoD) completely sc--wed up the winning strategy we established dominance on for decades (Wholesale Partners, Innovation), how JD ended his tenure decimated culture and we’re still trying to recover. In fairness, all of this happened during a time when the bottoms up Nike culture became EXTREMELY entitled which we still suffer from today. Many challenges ahead for our company but I’m hopeful we can adapt, get back on offense and win as a team.