Thread regarding Nike Inc. layoffs

So...

...was everyone working from home pre-covid? Seems like I remember the ELT saying Nike was taking cues from national mandates re: covid safety and, since those are all but gone, wouldn't Nike also evolve beyond them? Sincerely not trying to be snarky, I truly had no idea all this was going on and am trying to understand. I now work in DC Ops at a facility that still showed up in person while many, including myself, were wfh. Tbch, reading these comments is quite a shock to my naiveté. Kinda feels like peeking behind the curtain & seeing the raw, unedited version of your favorite person in a compromising position. Sad to see so many people disheartened and angry, had no clue the currents were churning like this. I'll admit Nike has me too spoiled to leave, though, because I know how rough it is out there & at other places. I just hope things are made right for the people that make this place what it is, and that we remember none of us are obligated to be here.

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Post ID: @OP+1phLTto8

28 replies (most recent on top)

Hi Mo. Here is the problem. Yes, everyone should stop complaining and be happy they have jobs and go back 4-1. But JD is still just about the worst leader ever. He lacks a soul, he repeats the same stale stories and cares little about anything but his ego and how he looks to other CEOs and people in the same tax bracket. How many jobs can be saved by jettisoning that boat anchor? People aren’t inspired to come back to work for a robot who knows nothing about the business or the soul of the company. He is a failure. Bringing Bain to decimate the company is not going to fix it. Phil and the Board need to wake up and soon.. we are at an “inflection point” and it’s JD’s fault. He needs to be inflected to the side of the road. Save Nike from becoming Reebok.

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Post ID: @9vvi+1phLTto8

@5rhs+1phLTto8 YES! If people don’t like it, find another job!! What is wrong with these people???

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Post ID: @8sqc+1phLTto8

@6jrp you didn’t account for the fact that between 2000 and 2018 there were three 2:1 stock splits. These splits occurred in 2007, 2012 and 2015.

Saying the stock only went from 56 to 74 during that 2000-2018 timeframe is therefore highly misleading. The split-adjusted price was about $5 in 2000 and $74 in 2018. Anyone who was around and buying stock during that timeframe made out extremely well.

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Post ID: @6rqh+1phLTto8

I didn't realize being a pirate was to toe the line and ask how high to jump. Thanks JD, can we have some more please?

Munity is the true way of the pirate. Send the ELT off the plank.

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Post ID: @6dsh+1phLTto8

This thread shows you a lot. we are at an inflection point as a company

Let’s be honest..it doesn’t matter how many days we are or aren’t in the office. It matters about winning. Most employees are here because they want to win

The old guard did their due and they are right they are responsible or partly responsible for where we are today

But here we are today at an exciting time..

Lets go “newer employees”. Be on board with driving Nikes tomorrow and be pirates or get the fu-k off the ship. Embrace the challenge and figure out how to win

We are going to win with our without you. I trust you that

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Post ID: @6orm+1phLTto8

@r5hs You know what’s fun? That we used to believe that giving up our work-life balance was worth it… that when layoffs and reports hit our hard work mattered. Btw in 2000 Nike stock closed at $55.8/share, in 2018 it ended at 74.1.

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Post ID: @6jrp+1phLTto8

Thank you @4sgv+1phLTto8 for pointing out another difference between older and younger generations of employees. The phrase “There is no finish line” wasn’t just a corporate slogan. We believed it. PK was fond of saying “If you’re happy with your work you’re not trying hard enough.” So we always tried harder. It’s why you currently have a job at Nike. Because that future was never guaranteed. Thankfully we didn’t share your happiness with our own work because if we did you definitely wouldn’t have your job today.

Speaking of that work I’d like to believe you get more done in 5 minutes than we did in 5 weeks but the stock price would suggest otherwise. I’m confident that will change however when you stop whining long enough to get back to the office. Those of us who earned our retirements are counting on you. Perhaps it’s fitting I’m saying this on Halloween because that is indeed a scary thought!

(Keep up the scrappy attitude though! Once you steer it in the right direction it might serve you well as it did us.)

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Post ID: @5rhs+1phLTto8

@4wei

Old man yells at cloud.

We get more done in 5 minutes now than you did in 5 weeks then. Times have changed bud. That's why you are retired and out to pasture.

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Post ID: @4sgv+1phLTto8

Retired old timer here.

Nike wasn’t built by people doing “hybrid schedules” or “work from home”. Back in the 80’s it wasn’t uncommon to look at the clock, see that it was 10:30PM, and say “Sc--w it, I’m just going to sleep here tonight. It’ll save me the trip in tomorrow morning.” That happened all the time. Sometimes it was rough. But if you talk to the people who lived it they wouldn’t have had it any other way.

The Men of Oregon would be saddened to see people complaining that they actually have to show up to work in order to work. Nike is what it is not because of what we created outside the berm but because of what we created inside the berm. That was the inspiration for creating the campus all of you have today. Way back in the earlier days we didn’t even have that.

Nike is asking you to be all in, just like those of us who helped build the company were. It’s always your choice whether or not you want to be all in. Trust me, even back then we had people who weren’t. We usually nudged those people along to something else more to their liking. We were too busy to keep them around as the distraction that they were.

Be all in or not. Either way you need to choose and then move forward. Back in the day PK made plenty of decisions that caused us to grumble. And grumble we did. For five minutes. Then it was back to work.

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Post ID: @4wei+1phLTto8

@1ova they’ll be checking badge scan times. I don’t think we can afford to log on before work anymore.
If there is an issue that you need to stay & fix it could make you late to work. (crying-while-laughing)

According to HR our daily punch-in-butts-in-seats is our highest priority.

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Post ID: @1gny+1phLTto8

Pre-Covid, Directors and Managers involved in 24/7 operations understood the demand and the hours. There was some flexibility. Now, it seems that even previous flexibility will be removed per the HR communications.l with threats.
This means for someone like me, I’m expected to be in the office 8-5, commute, be available for anything that happens and attend meetings with offshore businesses or all others within all time zones. This makes alot of days into 12 hrs or longer sometimes. At least before, we had more flexibility of comp time but this new way is rigid. I foresee collaboration outside the berm to seriously decrease, when it actually increased significantly during the past 3 years. It’s really a shame. My Mondays will now be up at 6am, powering up to check for issues, get ready, power down, pack up, commute, sit in zoom meetings, as that won’t change, pack up, commute, do evening meeting with one time zone and then night meetings for another time zone. My night will end at 10pm sometimes but mostly around 8pm. My husband has to go to bed at 8:30 because of his schedule so I probably won’t see him as much moving forward. WFH allowed me that comp time during the day to make up for all of this. Just the commute time allowed me to prepare dinner and eat with my husband. I’m crushed at this decision and it will take another $400 a month out of pocket to make it happen.

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Post ID: @1ova+1phLTto8

All I want is accountability. You’re the one lashing out in jealousy over a relatively minor detail (3:1 expanding to 4:1 whoopdediddleydo).

Our executives had a boys club in previous decades and they’ve got a kickback club going on this decade.

Yet we as workers have given more and more to Nike. Now more than EVER before. Mornings. Days. Evenings. Family functions. Holidays. We gave up annual raises! (When they kept their bonuses). Now that we’ve been returning to the office we’re apparently even giving up having a desk of our own.

The fact that our “leadership” has been blaming Nike’s economic woes on collaboration & dedication is the most insulting thing I’ve seen.
Their “plans” sp-t in the face of our 3rd party retail partners, who went out and found other companies to fill the gap. Go figure. We lost a huge chunk of market share piddling over 20% margin.
Those “plans” also ignored the fact that under the pizazz Nike is a simple logistics company. They wanted to shift half our business into individual parcels without investing a single dime into our logistics platforms?

I’m not sure who is more delusional @1agt or our CEO, HR, & other leaders.

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Post ID: @1nfm+1phLTto8

Tech alone is not a problem..lack of good products, horrible supply/demand planning and too much focus on everything but business

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Post ID: @1hnv+1phLTto8

There you go, another tech warrior commenting - further proof of how tech and their resistance to the office is spoiling it for the rest of the folks. What's obscene is you thinking an entire org needs to flex to your way of working and thinking because of your '70% callback rate'. Nike is NOT a tech company, not at its core. It needs people that wear the sweater and well...sweat. Getting rid of the contractors might be what you fight for, but that's no reason for not rocking up to the office 4 days a week... you took quite the detour there.

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Post ID: @1agt+1phLTto8

It really is a great market for tech (with experience). I have an obscene 70% callback rate, but I’m looking for the unicorn that Nike used to be.

No point jumping ship into a new pile of manure. And hopefully this economic downturn will force our clueless executives to dump their cr-ppy contractors & go back to how things used to be.

They can’t all be d-mb enough to think it was WFH that caused the productivity loss right? Their engineers have been screaming about how bad the new contracting firms are for years

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Post ID: @1sda+1phLTto8

It's a great market out there for tech [sarcasm]. I'm sure all these tech people / reddit warriors posting across all these threads have a great career waiting for them. Plenty of betting, blockchain businesses hiring remote workers. Go and save the world, and get paid in bitcoin. If only people had done their part of the deal and showed up 3 days a week, maybe we wouldn't be in this situation.

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Post ID: @1oso+1phLTto8

GAP LT is a joke. All of them are interim after so many people were moved from there

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Post ID: @1ako+1phLTto8

To clarify its GAP LT AMA. Not GT. Please for ffs stop reading without verifying.

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Post ID: @1ypo+1phLTto8

When is GT leadership AMA? I’m not in GT but like to listen in. Are we getting a real GT leader in place finally?

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Post ID: @bsz+1phLTto8

When is that happening? I haven't seen an invite.

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Post ID: @xwf+1phLTto8

global tech leadership team ask me anything

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Post ID: @obz+1phLTto8

what's Gt lt ama?

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Post ID: @iyc+1phLTto8

Gt lt ama is going to be fun, already seeing questions.

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Post ID: @yfx+1phLTto8

Whatever happened to people just packing up and leaving if they're so disgruntled? All this obstinate complaining when you used to go to the office 5 days a week not that long ago is quite honestly too much... Flexibility needs to work for the company too, ya know? Always me. me. me. That's what's wrong with the world. I was watching the global employee meeting the other day and instead of people actually paying attention to the strategy and how the business will move forward, nothing but sass in the chat. Are these the people that are going to move the needle? Just pack up and go...

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Post ID: @lzt+1phLTto8

Honestly. I’m mostly pi---d that JD is throwing “me” under the bus instead of owning his terrible decisions.

It’s not WFH that’s ruined Nike’s market value. It’s his poor vision and execution.

Where’s the accountability?

Why were we blow all that Covid money? Everyone knew that was a temporary surge & not the new normal.

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Post ID: @hvb+1phLTto8

I think it’s less about covid and more about how much things have changed since the pandemic… I mean take the schools for example: Portland Public Schools are getting ready to go on strike. Do you know how hard it is to find childcare already? Add sh-t like that on.

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Post ID: @vhs+1phLTto8

Op, thanks for being at Nike, we need more people like you who actually care about Nike. Part of our culture and brand is, and has always been, being rebellious. We always have been and to ensure the future success of the company, we always have to be! Although at times, much to the panic of HR

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Post ID: @dvy+1phLTto8

@OP+1phLTto8 'Post-Vaccines' (since COVID is never going away), NIKE did an RTO mandate that required employees to work in office 3/5 weekdays with Monday and Friday at home. A 'remote work pilot' that was actually just a bargaining chip to keep software people and their managers was released at the same time.

The group that was doing 3-2 is now being asked to do 4-1 with extremely harsh wording from HR and tone-deaf exectuvies saying that they 'should want to work 7 days a week'. This is what the uproar is about - the people who were willing to compromise with NIKE just got spat on, basically.

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Post ID: @dmb+1phLTto8

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