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Nike is laying off staff and announces $790 million loss in its latest quarterly earnings
Posted on 9/6/20 at 11:33 am
Posted on 9/6/20 at 11:33 am
I mean, that's terrible
quote:
Nike is laying off some of its staff, the company confirmed to Business Insider.
The sportswear giant also on Thursday reported a net loss of $790 million for the fourth quarter, in part a result of pandemic-related store closures.
"We are shifting resources and creating capacity to reinvest in our highest potential areas, and we anticipate our realignment will likely result in a net loss of jobs," Nike said in a statement.
business insider
Posted on 9/6/20 at 11:35 am to Frank Black
Well when people steal all of your gear instead of buying it...
Posted on 9/6/20 at 11:37 am to Frank Black
good. thats what they get fornusing chinese slave labor to make their product.
Posted on 9/6/20 at 11:38 am to Frank Black
Believe in something, even if you lose everything.
Posted on 9/6/20 at 11:40 am to Frank Black
Next, they'll announce a raise for Kaepernick.
Posted on 9/6/20 at 11:41 am to Frank Black
Will the winning ever stop?
Posted on 9/6/20 at 11:41 am to Frank Black
my celebration is mellowed by the fact that the people really hurt in this are the decent workers just trying to make a living rather than the woke management.
Posted on 9/6/20 at 11:44 am to Frank Black
Maybe not pay millions to the kneeler
Posted on 9/6/20 at 11:45 am to Frank Black
quote:
Nike is laying off staff and announces $790 million loss in its latest quarterly earnings
Seemed like just yesterday when leftists bragged about Nike's stock price reaching record high. Good times.
Posted on 9/6/20 at 11:49 am to Frank Black
Truly a shame. Truly.
These guys use child labor overseas and we’re supposed to feel what exactly? Sadness that a great left leaning company took a massive loss? Deal with it, Nike. You’ve made your bed now sleep in it. Make your product here. Employ some of the people that purchase your overpriced product and get rid of the child labor.
These guys use child labor overseas and we’re supposed to feel what exactly? Sadness that a great left leaning company took a massive loss? Deal with it, Nike. You’ve made your bed now sleep in it. Make your product here. Employ some of the people that purchase your overpriced product and get rid of the child labor.
Posted on 9/6/20 at 11:50 am to PrivatePublic
quote:
my celebration is mellowed by the fact that the people really hurt in this are the decent workers just trying to make a living rather than the woke management.
There’s a good chance if you work for Nike you either agree with the “wokeness” or you took the Woke Pledge......This does not include the Chinese slave labor folks.
Posted on 9/6/20 at 11:52 am to Frank Black
Posted on 9/6/20 at 11:53 am to Frank Black
How is Under Armour doing?
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