Is a reduction of workforce at Nike a bad thing? Revenue growth will come from productivity growth. More efficient teams. Motivated teams. AI. A reduction is not a bad if done right. And, to what I can see, 90% of the time, the right choices are being made.
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@fh It's neither really, it's that those resources are not spread evenly across the organization. We have some very small lean teams doing a ton of work, and some giant teams doing nearly nothing. That's what is so dangerous when doing cuts. If you cut from the former, you might get fecked. The latter also tend to be more vocal and able to appear more important due to their lack of actual work keeping them busy.
I love this and it needed to be said. Nike's problem isn't not having enough resources, it's having too many. The layers and lack of clear decision rights have led us right where we are at. And people spend time justifying their existence vs. delivering real value. To be fair: this is as much structural as anything and not aimed at an individual. A 20% reduction in the overall wage base (and a surgical approach to where to harvest that) would do WONDERS in speeding up this company to drive real meaningful growth.
I agree with starting at the top the issue is it’s a disproportionate effect.
That VP that makes millions isn’t going to care as much as that guy making 60k living paycheck to paycheck.
@OP
why not start at the top
they are the ones that hired the folks below
they are the ones that dictated the policies of the company
the cancer begins at the top
if you don't fix the top, the company will never truly change
Lay off horizontal program in GT. What a bunch of slacking, "remote working" grifters.
@OP+1kp64q3ax. Key phrase: "When done right."
Nike is on a multi-year, non-stop lsyoff bonanza. Why would folks want to be productive when rhe layoff waves keep rolling.
The stock price is your answer.
that's bait
90% of the time!!! LOLOLOL
Some of the best and brightest were laid off while a TON of the underperformers who literally do nothing all day long are still here.
90%…. wow, I hope that’s just clickbait/trolling.
@a5 I’ve been around way longer then you. I’ve seen it all.
Umm were you not around when the last handful of reorgs were conducted? You expect the current group of leaders to make the right decisions on who to keep and who to layoff? Are you blind or delusional?
There are a couple leaders on my team, who of laid off, would boost productivity by at least 2x simply because the rest of the team doesn’t have to gain consensus for obvious and low-risk decisions
Managers here need to learn to trust people more