Nike Layoffs: Why Can’t They Just Sell More Shoes on SNKRS To Pay Employees?

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It was recently revealed that Nike’s new CEO makes $53 million dollars per year, and yet, even with sneakers selling out on the SNKRS app seemingly every couple of days, Nike is also laying off over 500 people in the coming weeks. Nick Engvall and Mike Guillory discuss this and more on this episode of the Sneaker History podcast.

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— ROCKIN’ & COPPIN —
Mike:
Rockin’ – Jordan Trunner https://fave.co/31CuPR5
Coppin’ – Human Made x adidas Rivalry Low https://adidas.njih.net/c/2232891/264102/4270?u=https%3A%2F%2Fwww.adidas.com%2Fus%2Frivalry-human-made-shoes%2FFY1085.html

Nick
Rockin’ – Nike Air Max 94 https://fave.co/2Cimfys
Coppin’ – Nike Air Max 95 https://justfreshkicks.com/nike-air-max-95-vast-grey/

— FROM THE EPISODE —
Nike Layoffs https://www.oregonlive.com/business/2020/07/nike-layoffs-will-total-at-least-500-though-the-company-declines-to-offer-specifics.html
Nike Executive Shake Ups https://www.cnbc.com/2020/07/22/nike-shakes-up-its-executive-team-announces-job-cuts.html
The Real Cost of a $100 Sneaker https://weartesters.com/cost-breakdown-100-nike-sneaker/

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