A place for working class Whites to discuss the op thoughtfully. Nike to Lay Off 1,600 Employees After ‘Woke’ Drama Story by Ethan Anderson • 4h Nike announced plans to lay off around 1,600 employees, or about 2% of its global workforce, as part of a $2 billion cost-cutting strategy. CEO John Donahoe said performance has not been the best and took responsibility. Donahoe said , “This is a painful reality and not one that I take lightly.” “We are not currently performing at our best, and I ultimately hold myself and my leadership team accountable,” he continued. ABC affiliate, WFAA reported, “In December, the company announced a $2 billion cost-cutting and restructuring strategy, signaling that there may be layoffs.” Donahoe said , “Nike has a proud history where the most challenging moments bring out the best in us, individually and as a team.” He added, “I know we will come together to respond once again, and I am confident in our future.” Th...