Topics regarding layoffs at Nike Inc.

Topics regarding layoffs at Nike Inc.

Useful Financial Resource

Hoping no one needs this, but here's a very helpful and specific financial resource for any that may be effected: https://www-humaninvesting-com.cdn.ampproject.org/c/s/www.humaninvesting.com/450-journal/nike-layoff-guide?format=amp

by
| 745 views | | no replies yet
Post ID: @OP+1saKSdGF

Will Contractors affected

Sorry about reading the news regarding the full time employees. Do you guys think if contractors will be affected? As Cognizant is planning to move me in Nike Project but I am hesitant now after reading the news. Once again I am so sorry for your... — read more 

Preference

Do you prefer to be laid off in person or zoom? I’ve previously seen people saying that they prefer to be laid off in person, but I can really only assume those people are psychopaths. After seeing 2017 lay off, I rather be at home if I get the axe. — read more 

What’s the fate of GT TPM org

In 2020/21, GT went through a hiring frenzy and accumulated significant number of TPM Sr.D, D, ICs positions from across GT. Domains and new hires (mostly remote). This strategy did not work as expected, as TPM never got recognized by its peer... — read more 

How is the severance calculated?

I know it depends on your job grade and tenure but does anybody know how to calculate it for grades 45 and 50? My partner and I are trying to figure out where we will be financially if we lose our jobs next week.

WARN Act - 740 WHQ Employees

Per document uploaded in OR WARN database yesterday, it looks like 740 WHQ employees were/will be impacted by phase one and two.

Nike HBS case study needed

There should be an HBS case study documenting Nike’s fall and cultural erosion. It would make for great learning. Title it “From great to meh in 5 years”. It would be good learning from future managers on what not to do.

Meeting requests sent by certain time?

I have heard so many different things, does anyone know if meeting requests will go out by a certain time each day or are we expected to just be staring at our inbox all day? I heard from a few people they would all be sent by 10am can anyone with... — read more 

ESPP contributions

Hello! Does anyone know what happens to ESPP contributions if we get laid off? Do we just get reimbursed? Or will we receive discount stock?

Any good TV series to binge?

Hi, want to distract myself and try to minimize thinking about what’s gonna happen next week. Any recommendations on TV series to binge on?

So who’s writing the book?

In a few years time, I expect to see a book about life at Nike from 2019-2025. Anybody documenting this?

thanK you aIMee … i mean nIKe

I’ve been at Nike almost 20 years (currently a senior Director) and the last five have been dedicated to fixing internal problems, observing our leaders display anything but leadership defined behaviors, and watching what was left of our amazing... — read more 

D-mb question

Do you get unemployment even if you take the severance?

Shoedog Vs. Showdog

And this my friends, is what happens when Nike is not run by a Shoedog but a Showdog: Passion Vs. Getting Rich Culture Vs. Emptiness Playing offensively Vs. Playing Defensively Win at Pace Vs. Stuck in the Mud Execution Vs. Storytelling Energy... — read more 

No communication, absolute silence

Anyone else have an absolutely dead inbox and not updates on any exits around them today? I heard most exits and demotions were happening today, and would be completely (demotion decisions) by Monday. Anyone else hear that? Feels like there was... — read more 

Do the Math - 740 = 7% of WHQ

"Nike plans to lay off 740 employees at its world headquarters in Beaverton by June 28, according to a notice the footwear and apparel giant sent to state officials." This is roughly 1 in 14 who will "sacrifice everything" because they "believed in... — read more 

What plans for the weekend? :)

I’ll try my best not to think too much about what’s gonna happen next week (I know, easier said than done) and maybe go to the coast or something to distract myself.

What if......

....instead of blowing up JD at the next "all employee meeting" zoom in the chat, NOBODY, and I mean NOBODY, showed up. I know the peons can't see how many folks are on the call but you can damn well bet that JD and the SLT know. Since Nike likes... — read more 

740

https://www.oregonlive.com/business/2024/04/nike-says-ongoing-layoffs-will-impact-740-in-oregon.html

What orgs are seeing invites today?

What areas are seeing invites pop up today? Guessing GT will be late next week, just to extend the agony of working in this sarlacc of an org a tiny bit more. People of a certain age may remember this pit-like creature from Return of the Jedi... — read more 

I got the invite

Invite from my VP for today. I feel totally unprepared for this conversation no matter what the news is, but my gut tells me it’s bad. Best of luck to you all.

Start a new thread - post a news comment, question or message:

: