Why Nike Is Cutting 1500 Jobs shoepodcast

It’s been revealed that Nike intends to layoff more than 700 employees over the next two months. Join us as we unpack the reasons behind this strategic decision and explore what it means for the company, its employees, and the sneaker industry at large.

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⏲️ Time Stamps: ⏲️


0:00 - Intro
6:18 - Timeline of events
13:50 - Nike’s stated reason
24:32 - Our issues with this
44:14 - Why is this happening?
51:25 - Surprise Dunk talk
54:33 - Closing


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Sources:


https://www.theguardian.com/business/2023/dec/22/nike-to-axe-hundreds-of-jobs-in-bid-to-save-2bn-dollars-amid-sales-slump
https://www.cnbc.com/2024/04/12/nike-ceo-blames-remote-work-for-innovation-slowdown.html
https://www.cnbc.com/2024/02/16/nike-to-lay-off-2percent-of-employees-cutting-more-than-1500-jobs.html
https://www.complex.com/sneakers/a/brandon-richard/nike-ceo-announces-job-cuts-february-2024
https://www.complex.com/sneakers/a/victor-deng/nike-world-headquarters-june-2024-layoffs


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Music by JohnnyBgood.