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Old 07-29-2020, 03:27 PM
 
Location: In the hot spot!
3,941 posts, read 6,757,210 times
Reputation: 4091

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Uhhh, this was a bit of a blow to Goodyear:
https://www.azfamily.com/news/contin...1ea95927a.html
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Old 07-29-2020, 04:04 PM
 
Location: Everywhere and no where
1,108 posts, read 1,390,715 times
Reputation: 1997
I read Nike is suffering significant losses due to Covid, so no blame on Goodyear.

In the long run this might be a positive, as the manufacturing jobs that Nike was going to create might be replaced by high tech / services jobs in the long run which would be more attractive and stable.

If more data center, customer service, IT development / security jobs displace some of the lower paid manufacturing jobs in the long run, that would be a good thing.
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Old 07-29-2020, 04:17 PM
 
Location: Avignon, France
11,173 posts, read 8,037,325 times
Reputation: 28998
No issues with their China operation?
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Old 07-29-2020, 05:46 PM
 
Location: Phoenix, AZ
6,408 posts, read 9,035,480 times
Reputation: 8508
Nike is scrapping ample jobs in Oregon. COVID-19 will be the cover to ship more jobs offshore. Still plenty of children in China to staff sweatshops.
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Old 07-30-2020, 09:41 AM
 
50 posts, read 53,346 times
Reputation: 127
Default Nike plant cancelled

https://www.oregonlive.com/business/...tive-team.html

This explains it.
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Old 07-30-2020, 10:20 AM
 
Location: Everywhere and no where
1,108 posts, read 1,390,715 times
Reputation: 1997
Interesting. I was always amazed they could afford to pay billions of dollars to athletes to endorse their shoes. Must have been really good money, until it's not.
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Old 07-30-2020, 10:22 AM
 
Location: Chandler, AZ
4,056 posts, read 5,197,601 times
Reputation: 6170
Why pay someone $50k/year to do a job when you can pay someone $104/year and pay shipping? You gotta pay those athletic endorsements SOMEHOW...
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Old 07-30-2020, 10:28 AM
 
Location: Chandler, AZ
4,056 posts, read 5,197,601 times
Reputation: 6170
How dare they assume that they only need Men's, Women's and Kid's departments. Geesh the nerve of some companies.
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Old 07-30-2020, 01:36 PM
 
9,868 posts, read 11,280,311 times
Reputation: 8536
Quote:
Originally Posted by KurtAZ View Post
How dare they assume that they only need Men's, Women's and Kid's departments. Geesh the nerve of some companies.
I read that too. Were they marketing to animals? What am I missing? I'm also shocked they have 77,000 employees (the largest employer in Oregon).
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Old 07-30-2020, 03:51 PM
 
26,312 posts, read 49,264,016 times
Reputation: 31911
Quote:
Originally Posted by cgl77 View Post
Excerpt from the link: "Nike calls its new strategy “Consumer Direct Acceleration.” It is focused on online sales, directly to customers. That could reduce the company’s reliance on less-profitable sales through physical retailers, including struggling department stores and footwear specialists inside malls."


This is about the demise of brick and mortar retail, the mall apocalypse and the virus pandemic. They're taking it to the internet since people are staying home and shopping on line.
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