I'm hearing all Tech will wfh next week, I'm hearing about a 'tsunami of layoffs', I'm hearing of mass debandings, I'm hearing about layoff percentages I don't even want to repeat.
But it's all rumors.
What do you KNOW FOR A FACT?
50 replies (most recent on top)
@pm We are a global company so let’s do it by world population.
@pv o god
It shouldn’t be a factor. Period.
Is race a factor in the NBA? Or do the best players play?
Whites are underrepresented in the NBA… does that mean we should see the league bonus out coaches if they can get more white playing time in? Of course not.
Anything other than focusing on merit and business success is going to hold a company or organization back.
Nothing is happening next week. The earliest anything will happen is late April
@as this may be a stupid question, but what would appropriate % by race be to show diversity? Should it align with the overall % of US population? I'm seriously asking...how/when should companies, and their employee base, feel good about their diversity and does that make sense?
@kr you didn’t want to Google it did you? Believe what you want.
@kp
“wOmEN alWaYs MEaNs WHiTe WOmEN”
Is this your data?^^^
You sound like a mean spirited b i g o t. Go touch grass.
@kn I just gave you data.. if you refuse to believe it then that’s your choice
Where is the data that “white women benefit the most” at Nike from DEI initiatives?
Absent data, you’re going off feel. There’s a few here that have offered up fact, and were told it’s rhetoric.
@k6 Google who benfitted most from. Dei
Also this is from the Forbes article on Nike:
Nike maintains a diversity, equity and inclusion page on its website, which describes a commitment to “creating a workforce that represents different backgrounds, experiences and perspectives.” In 2021, Nike laid out a five-year roadmap outlining diversity targets for 2025. The company said it would aim for 50% of its global corporate workforce jobs and 45% of leadership positions to be filled by women, also seeking 35% of its global workforce to be made up of racial and ethnic minorities.
Women always means white women just as the right to vote laws that passed in the us
@eq what data supports this? Vibes?
Per capita is the lens some are forgetting
@f2 but if you do, you are most likely the other! :D
I’d be interested if there were any data on this. Does Nike publish anything like that?
@ea sounds like you hate yourself. I was simply pointing out how the hate is always targeted at poc while white women are the biggest beneficiaries of dei and no one has a problem with that.. so this points out the bigotry against other races.. I also don’t get your queen reference.. is that for you ?
@ej in the past year, there has been over 50 VP layoffs, so...yes?
@ee good point. We all know Nike has a history of laying off hundreds of VP’s each year.
And you can sharpen it substantially with prompts to align to how Nike has historically approached layoffs. Focusing more on older and more expensive talent, avoiding leadership positions, and pushing towards a more diverse overall population; with the basic premise of retaining cheaper but less effective talent.
Wrong, there's a cap, which used to be either 40 weeks or a year of salary.
@e9 which is useless. A single high level VP could be $10 million. a Sr Director of 20 years would be the same as 10 SWE2's of 2-3 years.
@cq yass queen! Go on! Let’s talk about other peoples hate while sharing our own.
You can basically reproduce the 3000-1500 layoff estimate by going to chatgpt and asking it how many employees a $300m layoff cost would represent, it prints out a nice little chart of basic arithmetic that estimates each employee costing $50k-$100k. How it gets those numbers isn't sourced
@dz It's a number thrown around based on the $300m of layoff expenses NIKE filed this quarter
@e1 It's pretty obviously it's one of two buildings, iykyk
@dz
Math. Not a guess. And not official guidance. Multiple models put it between 1500 and 3000.
@dy
Do you know how hard it is to build generational wealth with the stock where it is. Have some empathy.
So what buildings are the big meeting blocks that prove this 1500 layoff supposed to be in? WHQ is huge, looking for them is like a needle in a haystack.
Is "target 1500" a guess too?
Ugh I don’t wanna see EH fake crying on stage again. Boo hoo poor me and my million$$$. Just lay me off now.
- nothing of consequence will happen next week; being spring break
- Next week will likely see hr and related functions finalizing. Look at the suspiciously long room blocks in outlook for key buildings
- Week of 3.30 will see a wfh notice for the following week; sent on 4.3. Street to get details on 3.31
- Monday 4.6 80% of the target 1500
- Tuesday 4.7 15%
- Wednesday 4.8 remainder, with all clear end of day or Thursday AM
- Thursday 4.9 truncated all hands with tearful eh on stage
This gives those impacted a min severance of 60 days, qualifying for fy26 bonus; with pay through end of fiscal. While meeting warn requirements.
The above is just… speculation and totally not informed by anything official.
If you read this 24 hours or so after I send… and cannot find evidence of long room blocks in key buildings for next week… you know what happened.
lol. Preaching on the merits of inclusion while one group is targeted for exits to bring in another.
Missing may 2025
ChatGPT, with AI slop corrected based on personal (painful) memory. I was implicated in one way or another in almost all of what I posted. Which, is likely why a few were missed. If you did a Forest Gump style montage of a protagonist woven into the story arc of most Nike layoffs in the last 15 years… that’s me.
I don’t know why younger people come… or stay at Nike any more. It’s not going to stop, and is measurably worse at Nike than elsewhere.
Get out if you can. If you’re past three years… take the experience with you before it’s too late.
Nice job on the list @ap and yeah just the June 2025 one to add.
I'm curious how you generated that list?
Nothing useful to say except I hope everyone comes out of this OK. Going to be really hard for those without the $$ safety nets in this job market.
@cq
To be clear, there isn’t any hate towards any employee or group that has benefitted from these policies.
With the exception of maybe senior management.
No hate towards POC or towards women. Y’all are getting yours while you can. And I respect that.
The challenge here is with a senior management group that figured out a way to monetize their performative actions, resulting in unscrupulous hiring practices. Those that guided TA to pre screen out white guys… and other questionable acts.
The white guys you mentioned… that historically were hiring other white guys; sure. But I would ask for you to consider what they were working with. In the 1970’s and 1980’s… or even more recent… was there a pipeline established to hire from HBCU? No. They were recruiting from a base in Oregon and the PNW that was predominantly white.
I would challenge you to similarly position yourself away from the hate of the individuals (those white dudes you mentioned) vs understanding it in the context.
@ap+1kkz3ks64 You missed the June '25 round of about 400 people. I was in that one.
@ay hmm so are you all angry at white women also since they also benefit the most from dei initiatives. Seems like you all should have equal opportunity hate here
@ap there were more than those you have listed, but yours were the main once.
@av exactly. But not just hiring, also promotions and retention (layoff) decisions.
We can extrapolate that non POC will again be targeted at a higher relative rate for the next layoff to ensure this injustice of merit based org planning doesn’t continue.
Everyone should prepare and act accordingly.
@as almost as if Nike did intentional work to diversify hiring pipelines rather than letting white guys hire their white guy friends year after year. Shocking.