Topics regarding layoffs at Nike Inc.

Topics regarding layoffs at Nike Inc.

The real exodus is about to start

So many folks are tired of this cr-p and planning to leave once the dust settles. Ask around, you'll see I'm not wrong. I know the overall goal for this leadership is to reduce the number of employees drastically, but they might find themselves in a... — read more 

Laid off are in the pickle, many who stay feel shame

It’s horrible where corporate treatment of workers brought us. We all feel cornered. Cost of living, mortgage, chains imposed by all kinds of debt, gave power to corporations to treat us as disposable items. We are happy when we see someone but not... — read more 

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| 771 views | | 1 reply (February 23, 2024)
Post ID: @OP+1rdifTaM

As predicted EMEA will happen in FY25!

As predicted earlier ,Phase 1 of layover will get over today and phase 2 -non EMEA including US layoff will happen in May before FY24! EMEA is planned for FY25! For those who are safe , next phase will begin in May impacting all job levels! List is... — read more 

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| 972 views | | no replies yet
Post ID: @OP+1rdalHc9

Are the layoffs over now?

I hear that multiple teams are getting touchbase team meetings from their leaders today, also no one is letting go of today as per news till now, so is this phase 1 thing over now?

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| 1930 views | | 9 replies (last February 24, 2024)
Post ID: @OP+1rd4kKzc

Folks on PTO this week

Lot of folks on PTO this week. Is avoiding a conversation a way to avoid being laid off?

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| 1310 views | | 8 replies (last February 23, 2024)
Post ID: @OP+1rdRNLmZ

Introduced FTO to save money?

Was FTO introduced to save money with cash encashment of allocated or unused PTO as they anticipated more layoff in future? We cannot encash FTO?

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| 1890 views | | 9 replies (last February 23, 2024)
Post ID: @OP+1rdOzme8

Chief Procurement Officer

One minute she was on LinkedIn offering solace to the laid off, next minute she was deactivated on slack and is now, I assume, laid off herself. Blindsided and reporting directly to the CFO?

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| 2480 views | | 3 replies (last February 23, 2024)
Post ID: @OP+1rdvItCK

Productivity

What’s the un calculated cost to productivity of dragging out this process? The amount of time, energy, stress, anxiety, fear, panic diverted from working is staggering. It’s all everyone is thinking and talking about. No one is thinking “hey how can... — read more 

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| 1540 views | | 6 replies (last February 23, 2024)
Post ID: @OP+1rdzBYaZ

Exit early

If I find a new job sooner than the two-month extended period on the payroll, can I exist early and still retain the severance package?

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| 2080 views | | 7 replies (last February 23, 2024)
Post ID: @OP+1rd9uiP2

Regions impacted?

Anyone aware of regions that are impacted till now, At least in my org it seems like it’s restricted to one geo only.

ES

Suddenly all those friends and family passes they couldn’t stop shelling out make even more sense. Had you handing them out to get people to shop just before they did layoffs. Had to get their last couple of bucks of whoever they could.

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| 652 views | | no replies yet
Post ID: @OP+1rdZE7yn

Severance details?

Does anyone know the structure of the packages and the criteria that they’re using to calculate them?

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| 2830 views | | 8 replies (last February 23, 2024)
Post ID: @OP+1rdHU9aZ

Nepotism

the ugly word no one likes to say out loud at Nike, lol. Worked at a few corporate HQ’s and have yet to encounter the amount of couples and various familial ties I’ve seen here. And that’s just the FTE’s. Even more out of control for ETWs where... — read more 

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| 2460 views | | 6 replies (last February 23, 2024)
Post ID: @OP+1rdCX3Ux

Tech ops still weak

Cannot believe EC and all his leadership are still going to be running tech ops. Disappointing…..

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| 1520 views | | 2 replies (last February 22, 2024)
Post ID: @OP+1rctfTg2

Product at Company store - no wonder

Went to the company store to try to cheer myself up and get something. What is AP doing. Nothing fits. It’s like they had one muse from NYC. 10+ colors of AJ1 and AF1. No wonder we are being called out for lack of innovation. Sorry to lose so many... — read more 

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| 760 views | | 1 reply (February 23, 2024)
Post ID: @OP+1rcrU2EA

DSM News

Has anyone heard anything about DSM?? DSM reorg was announced a long time ago but they keep dragging their feet on implementing. Not sure how this plays into current layoffs.

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| 1800 views | | 4 replies (last February 23, 2024)
Post ID: @OP+1rc08akX

It was a bloodbath for my old group today!

I'm recently retired (used to work in what was called "nike.net"), but I found out that most of my old managers were let go, some really good people including some of the best managers I've ever had. Today was management's turn, the rumor from the... — read more 

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| 2800 views | | 4 replies (last February 23, 2024)
Post ID: @OP+1rcoQaAO

Human beings who actually create value can be damned

Nike has been suffering from the corporate illness that became pervasive over the past 15-20 years. Companies became just a money extraction service for those on top and in the name of shareholders, and they exist until there is nothing left... — read more 

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| 1170 views | | 2 replies (last February 23, 2024)
Post ID: @OP+1rcGJvCh

How large is GT, and who is the top leader in GT?

I have been seeing messages that GT is impacted, but my org is safe. I am wondering who owns GT at a leadership level. Just to learn if it even matters if GT is cutting jobs. Initially i was afraid that it has come to GT, but now it feels like GT is... — read more 

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| 2220 views | | 7 replies (last February 22, 2024)
Post ID: @OP+1rc80o5k

When was the last graceful exit?

Nike used to care about the employees and celebrate teammates as they left. With JD it’s like being arrested and sent to jail. No emotion, no thank you, just cut the access and send us your computer. PK would cry when he had to lay people off... — read more 

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| 1040 views | | 1 reply (February 22, 2024)
Post ID: @OP+1rcF8ObX

Tips for volunteering?

A few folks have asked about this, but I would like to hear tips and advice from anyone who has successfully volunteered to be laid off. How and who to talk to? HRBP? If I don’t get the call this week I really want to volunteer. Honestly. If anyone... — read more 

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| 1310 views | | 5 replies (last February 22, 2024)
Post ID: @OP+1rcipPIk

GT Techops layoff begins!

Lot of accounts got deactivated today and many many more to follow from techops! Going to be very hard for next two days for techops and GT!ood luck

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| 2102 views | | 2 replies (last February 22, 2024)
Post ID: @OP+1rcYFhKw

More layoffs next week

A credible source just conveyed to me that layoffs will be continuing into next week and that they have barely just started with the bulk of them coming Monday and Tuesday. Also, Be prepared to remain remote next week as well.

Some thoughts about the state of the work

From a comment I posted in another thread: Obviously none of us have a crystal ball, but I personally don’t think an “acceptable” normal will be achieved for a while. (Completely my opinion) But as a company that focuses so much energy on the... — read more 

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| 1310 views | | 3 replies (last February 22, 2024)
Post ID: @OP+1rcgNnNs

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