I had a lot of coworkers and associates let go today. Seems like it hit product management in technology quite hard. Also, it sounds like there were a fair amount innovation were also let go. Surprisingly, I still saw some SDs let go. Also, there... — read more
AIC - All clear (innovation)
No more layoffs for those reporting directly to innovation. The rest of the week is org shifts, demotions, laterals, and promotions.
New Oregonian Article
New Oregonian article, behind a paywall as usual: https://www.oregonlive.com/business/2024/04/lack-of-faith-in-hr-intimidation-vulgarity-inappropriate-touching-among-top-nike-complaints.html
Nike shares surge 15%, hit record high as $50 billion sales outlook tops expectations
I mean, is this a new trend where company are cutting employees while what appears to be thriving in a way. So strange.
Step up leadership
If somehow by a hail mary that someone on leadership reads this... Let's see some accountability please and specifics on what that actually IS. Would love to see maybe uhhh i dunno a pay cut from your several million dollar a year salary for messing... — read more
Learned my director is gone. What now?
I learned from someone on another team that my director was let go this morning. I haven’t heard anything else. What can I expect tomorrow?
Is this smaller than we thought?
This is pure speculation, but it seems impact are smaller than we expected (still a lot though). Could this be the result of the big mess and employees response to leadership, including the all hands, that forced them to scale down? Is 1700 or 2%... — read more
No company is too big to not fail
We are reminded of too many case studies when companies who were part of everyday vernacular and culture disappeared. I fear nike is on this precipice. Is Nike tomorrow’s Kodak?
Surprising.
That the day one of cuts is pretty much over, and still no transparency of those not notified are safe. I guess we survived to live another day? Where is leadership to give us updated? I’m sorry for those that got the early AM invite, although I hear... — read more
Day One Recap? Big category movement..
Its 5pm EST - conversations should be about wrapped up for day one. Can informed individuals post some updates? This entire thread is a lot of random departments, disgruntled individuals with no real meat. I've never really seen or interacted with... — read more
Just has my meeting. And nothing changed
Just wanted to note I had my meeting today. Nothing changed. Letting you all know not all meeting today or tomorrow are layoffs. Now to work through this Nike work culture mess. Good luck!
Slack Updates
IT, we see you making changes to Slack to prevent sleuthing. Features keep disappearing mid-layoffs. Last round we could search for deactivated accounts and sort by most relevant, that has been removed. Last Slack update in the last hour has removed... — read more
Looking up
Anyone who’s actually doing important work looking forward to shorter lines for lunch, van pop ups, events, etc.?
Educational Qual/ Credentials
Many many people at Nike, seem to land a job here without relevant educational credentials/qualifications. Some with nothing beyond HS diploma. I don’t know if this is tolerated in other fields like Engineering/Healthcare/Finance that can hire people... — read more
Bye
"Org Transformation". It was a joke. Looking at that empty eyeballs of SD was more painful than the fact that I was getting laid off. I'm not happy but am actually thankful that Nike does this for me before I walk out by myself. I know job market is... — read more
Toodles!
In Beaverton’s bubble, where sneaker tales grow dim, Old Phil’s twilight looms, his vigor now pale and slim. Laid off, I chuckle at the scene left behind, Kooks in their swag, to corporate tunes blind. “Chasing crumbs, in sweatshop shadows they... — read more
Air MI
Did anyone from Air MI get an invite today? I’m assuming we may just have different timing (as is our norm). The majority are WFH today and waiting to hear our fate.
Partner/Wholesale Side Layoff
Anyone heard of anyone on Jim Reynolds Wholesale Partners team getting let go?
Today all meetings about layoffs?
Some of my teammates have got “org transformation” meeting invites with our SD for later this afternoon. They received the invite at 9am & 10am; and are very anxious and stressed. Is today all about letting go or also informing people about their... — read more
Praying to god, hope everyone will get atleast 6 months of severance
I am praying to god that whoever is affected will receive atleast 6 months of severance. Wishing you all the best.
Cheap consultants/contracting cost us
Whether you believe it or not the fact is cheap labor from contracting is costing us. Do not want to take name of that company here, but all know whom I am referring to
Thank you, Apology and wishing you the best
Here I would like to share my gratitude to you all, and apologize if I hurt you by my words and actions ever. You guys are the best coworker one can ask for. Wishing you the best
Angry and Disappointed
While similar to most folks, I am also waiting for the invites, just learnt that that a close friend and my mentor lost his job. He's been a straight HS for several years, extremely hardworking and collaborative nature and always put the benefit of... — read more
JD talks about taking accountability...
In all those All Hands, JD talked ad nauseam about how he's "taking accountability" for having to lay people off... But is sure seems like "accountability" means blaming Zoom meetings and not actually changing anything about how he actually leads. — read more
People Managers.. did you have any input into the changes?
Just looking for some honesty.
Org meeting
Are people being let go in person or zoom?
Nike’s Layoffs Prove the Olympics Can’t Solve Its Midlife Crisis
https://www.wired.com/story/will-the-olympics-save-nike-from-its-midlife-crisis/
What are the things you should do before exiting?
End is coming, any advice to prepare? Resources you should be saving? None company property of course.
Can we transform our leadership into a competent one?
Since they're so big on transformations...
If you happen to be working today
Avoiding sending any emails unless you want to be the jerk who it trying to give people heart attacks
Advice: take the demotion…
Unless you can afford to be unemployed for an extended period of time or this is your path to retirement, I recommend taking the demotion. Some things to remember… It’s easier to find a job when you have a job. Outside employers don’t need to know... — read more
Have all the invites been sent already?
Nobody on our team received an invite so far. I keep hoping that we might get spared in this round since the last one cost us nearly a third of the team.
What does a meeting mean?
If we do have a meeting scheduled for today- does that for sure mean I’m being let go? Or could my role change as well? Just curious if a meeting today means for sure I’m being let go.
Recycling the link
If you haven't already seen this on his thought process. https://youtu.be/TZ2tgWPDk1o?si=QBs9r3hdqi4cfHkZ&t=1312
And so it begins...
The gates of Mordor have been thrown open, the Orgs are coming
We're puppets of Consultant firms
JD's background is on full display. ELT doesn't take any decision that doesn't come from, or is vetted by, a consultant. And consultants are just doing their job: creating opportunities for the firm to bill in the future. But Nike is going down... — read more
if we can join Nike on contract after FTE
I am FTE and I have good connection with Cognizant, do you guys know if worst will happen tomorrow if we can join Nike as a contractor through Cognizant.
Territory DSM are the big losers
New org looks unrecognisable. Heaps of demotions but more importantly no career pathways at Nike anymore. Many given option of a demotion or a redundancy. Tough decisions ahead!!