Thread regarding Nike Inc. layoffs

2009

Anyone remember the last layoff, which was much worse? Lots of talk about sacrifice & how upper levels would also sacrifice as well. Many were laid off & many of us who survived didn't get a raise along with supposedly those at the top who said we all had to sacrifice. Then what happened? Board voted stock options at $0 option price for those at the top. MP came away with something over $3M if my memory is any good. Either they think we're too ignorant to figure it out (even though it's public info), or more likely they just don't care.

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Post ID: @OP+P9dl004

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The thing that gets me is even at the low levels of this company. Worthless employees get moved around and promoted.

Nike has the worst judge of character.

Incompetent people.

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Post ID: @3Wtco+P9dl004

I remember this. MP got rich as F!

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Post ID: @3Wcpi+P9dl004

You assuming the layoffs are over?

If so, why?

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Post ID: @rkd+P9dl004

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