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

Published: Aug. 10, 2020, 9:24 p.m.

b"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.\\n\\n1-877-AIR-MAX1 - Leave us a message, text us, be a part of an upcoming episode.\\n\\n-- ROCKIN\\u2019 & COPPIN --\\nMike:\\nRockin\\u2019 - Jordan Trunner https://fave.co/31CuPR5\\nCoppin\\u2019 - 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\\n\\nNick\\nRockin\\u2019 - Nike Air Max 94 https://fave.co/2Cimfys\\nCoppin\\u2019 - Nike Air Max 95 https://justfreshkicks.com/nike-air-max-95-vast-grey/\\n\\n\\n-- FROM THE EPISODE --\\nNike Layoffs https://www.oregonlive.com/business/2020/07/nike-layoffs-will-total-at-least-500-though-the-company-declines-to-offer-specifics.html\\nNike Executive Shake Ups https://www.cnbc.com/2020/07/22/nike-shakes-up-its-executive-team-announces-job-cuts.html\\nThe Real Cost of a $100 Sneaker https://weartesters.com/cost-breakdown-100-nike-sneaker/\\n\\n-- Join our Patreon for more exclusive episodes! --\\nwww.patreon.com/sneakerhistory\\n\\nMichael Jordan's 6 NBA Championships and the Air Jordans He Wore For Each\\nwww.patreon.com/posts/michael-jordans-36501330\\n\\nPUMA's Best Year In Company History: www.patreon.com/posts/which-brand-of-6-34211945\\n\\n2020 Air Jordan 1 Releases: fave.co/360uCaJ\\n\\nRecent Posts:\\nThe Best Air Jordan 4 Releases of All Time: fave.co/2Zw015y\\nHistory Lesson The Nike Air Ship: sneakerhistory.com/nike-air-ship/\\nHistory Lesson The Air Jordan 1: sneakerhistory.com/air-jordan-1/\\nHistory Lesson The Air Jordan 2: sneakerhistory.com/air-jordan-2/\\n\\nFollow us on Instagram: instagram.com/sneakerhistory\\nTalk to us on Twitter: twitter.com/sneakerhistory\\nJoin The Run Club - instagram.com/shrunclub\\n\\nNick - instagram.com/nickengvall\\nRobbie - instagram.com/rahbee702\\nMike - instagram.com/madwatcher789\\nRohit - www.instagram.com/rohitm13/\\n\\nLeave us a review!\\nOn iTunes! fave.co/2HIuWSX\\n\\nOn Spotify: open.spotify.com/show/6BRApFKpxPw\\u2026tOTYqjMXdoO3_LqA\\n\\nThe Complete List of Sneaker Podcasts\\nsneakerhistory.com/sneaker-podcasts/\\n\\nKobe's Best Signature Sneakers\\nsneakerhistory.com/kobe-bryant-signature-sneakers\\n\\nA Look Back At Kobe Bryant's Sneaker Legacy:\\nsneakerhistory.com/2015/08/23/happ\\u2026mba-kobe-bryant\\n\\nMore info:\\nsneakerhistory.com/sneaker-podcast/"