Nike CEO May Have Just Admitted the Company Went Too Woke as Stock Hits 12-Year Low - NEW YORK TIMES POST

Nike CEO may have just admitted the company went too woke as stock hits 12-year low

The Nike CEO's memo to his employees was 860 words. But here were the 33 that stuck out: "Over the past year, we've put sport at the center of everything we do. We're seeing encouraging signs of progress, but we have more work to do to win over the long term."That was sent out on Oct. 1, one day before Nike's stock price closed at $33.87 per share — its lowest in over 12 years. The once unstoppable athletic titan expects more layoffs in 2027 aft…

Top CEO Admits Company Went Too Woke As Stock Hits 12-Year Low

Nike CEO Elliott Hill is putting sports back at the center of the struggling athletic giant as the company’s stock sinks to levels not seen in more than a decade. Hill laid out the company’s latest turnaround push in an Oct. 1 memo to employees, one day before Nike shares closed at $33.87, their lowest […]

Nike CEO may have just admitted the company went too woke as stock hits 12-year low - NEW YORK TIMES POST

The Nike CEO’s memo to his employees was 860 words.  But here were the 33 that stuck out: “Over the past year, we’ve put sport at the center of everything we do. We’re seeing encouraging signs of progress, but we have more work to do to win over the long term.” That was sent out on [...]