I was laid off last month and wondering if anyone has heard anything about PSP this year and know when we should hear if it’s being paid and what it will look like ?
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Just assume a big fat 0 for PSP. If there was EVER a year that NIKE will not offer PSP it will be this last FY. The company is on the STRUGGLE bus big time. Don't plan on it within your personal finances for sure. IF there is any PSP it will be a tank of gas or trip to the grocery store kind of money.
It should say whether you'll get it in your layoff packet. You'll find out how much as soon as it's announced after Q4 earnings, because this site will be flooded with complaints.
Supposed to be on the payroll through May 31st to qualify, unless your severance says differently. Should hear something the week of June 15th or 22nd
Read your severance plan. PSP eligibility info is in there.
Shouldn’t be getting a PSP. You will find out after earnings at the end of June.