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Nike Layoffs Continue Massive Downward Trend For Woke Company + Dan Dakich |
Manage episode 428201550 series 3512162
Today on OutKick The Morning, Nike is in crisis mode. The once-dominant sports apparel company is suddenly realizing that it no longer appeals to people the way that it once did. The days of Michael Jordan are long gone.Company stock is in complete free fall, down nearly 25 percent over the past month, nearly 30 percent over the past 6 months and nearly 60 percent from its all-time high in November 2021. That has caused the apparel giant to cut jobs at a massive rate. Can Woke Nike correct itself?
Learn more about your ad choices. Visit megaphone.fm/adchoices
221 episodes
Manage episode 428201550 series 3512162
Today on OutKick The Morning, Nike is in crisis mode. The once-dominant sports apparel company is suddenly realizing that it no longer appeals to people the way that it once did. The days of Michael Jordan are long gone.Company stock is in complete free fall, down nearly 25 percent over the past month, nearly 30 percent over the past 6 months and nearly 60 percent from its all-time high in November 2021. That has caused the apparel giant to cut jobs at a massive rate. Can Woke Nike correct itself?
Learn more about your ad choices. Visit megaphone.fm/adchoices
221 episodes
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