I think the layoffs article from a few weeks to a month ago was posted already, but if not:
https://www.removepaywall.com/https...ys-off-more-than-1500-people-ceo-john-donahoe
It's funny, 'cause a lot of people are referencing this as a literal moment of a popular scene from Silicon Valley, which I can really see in that article.
First thing I thought when they announced that John Donahoe, a former CEO of ServiceNow [a Bay-Area-based tech company], was taking over back in 2020 was, "Oh no, a CEO from a techie company in the Bay Area..." Also read that he's also the chairman for PayPal.
At least with Mark Parker, he grew with Nike. The direction with John and everyone around him is questionable, because it just makes me wonder how truly familiar he is with Nike. Then again, maybe somewhere high up there, they want to continue the push of being a marketing company and Donahoe could've been the best person suited for that. ****, I mean that's what marketing has done for them: push them to a point of being the 2nd most (if not the 1st most) recognized logo/brand in the world. Steve Jobs was right: Nike is for real a marketing company. If they sucked at it, them Shein-quality white/black Dunks would be way less popular and people would be extremely furious about its quality.
Kinda crazy thinking about there are companies that show they're one type of company but can be actually another (or possibly
are another type) behind the smoke and mirrors. Nike is a marketing company selling shoes, Google is an advertising company with a search engine/phone/web browser/etc., Beachbody (P90X, Insanity) is an MLM selling fitness programs... list could go on.
Anyway sorry, Saturday thoughts.