Topics regarding layoffs at Nike Inc.

Topics regarding layoffs at Nike Inc.

Would you or wouldn’t you?

I heard layoffs are around the corner and I am curious to see if a VSP will be offered and if so - what it will entail. I’ve been with the company for quite a few years, watched it slide down hill and I’m ready to get out. How many others are willing... — read more 

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| 3590 views | | 4 replies (last September 26, 2020)
Post ID: @OP+177UEKjb

2021 Engagement Survey

Whose ready to take this survey in March 2021? I can’t imagine anything but disappointing results. Which in turn leads to more reorg rather than addressing the central issues. Let me ask you reader, what would it take for you over the next 6... — read more 

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| 3790 views | | 9 replies (last September 29, 2020)
Post ID: @OP+1779CcXk

Can it get worse?

Nike has fallen a long way from when I first began with this company. There is no guidance and very little training which is sorely needed to perform job functions. Unless HR becomes involved, issues in-store are ignored by district management... — read more 

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| 3910 views | | 9 replies (last September 29, 2020)
Post ID: @OP+176FuYpd

Wealth disparity anyone?

Just take a look at MP and JD's stock options. Wealth disparity anyone? Something is seriously wrong when you have 2 people sitting on >$350M of vested options and locking up >$50M in your first 6 months, respectively, all while having layoffs/not... — read more 

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| 3300 views | | 4 replies (last October 5, 2020)
Post ID: @OP+176FbPNM

Stock Options timing is off! Planned?

Nike band E and above employees are granted stock options annually. Eligible employees get to select 100% Stock Options, 100% RSUs or 50/50 blend. Either way, the new grant has historically been made visible on Fidelity Net Benefits website about... — read more 

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| 5740 views | | 12 replies (last September 29, 2020)
Post ID: @OP+175KSly5

Cannot all be bad, can it?

To say that things have not been good at Nike is an understatement, yes. It all started to look even worst when lay-offs started in the middle of a pandemic, yes. Nike's culture seems to have been an a downward slope for years now and it does seem... — read more 

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| 3250 views | | 5 replies (last September 23, 2020)
Post ID: @OP+175VSCIm

Voluntary Layoffs?

Curious if anyone is aware if Voluntary Layoffs could or would be considered? I heard it was pretty successful at Intel based from feedback from some of my friends that work there.

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| 5680 views | | 16 replies (last September 23, 2020)
Post ID: @OP+170FPPFU

Just do it! (pun intended)

There is no doubt in my mind that I would rather have the layoffs happen quickly rather than have them dragged out. Rip the bandaid off so that we can either 1) move on from a badly run company, or 2) breathe a sigh of relief (at least until the next... — read more 

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| 4400 views | | 8 replies (last September 22, 2020)
Post ID: @OP+170Z1sOc

Executive Compensation Approved

"Interesting" to see that the executive compensation approved at today's shareholder meeting resulted in a $1,000,000+ raise for each executive, yet most of the company didn't even get the usual cost of living bump due to covid...win as a team...

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| 6910 views | | 22 replies (last September 29, 2020)
Post ID: @OP+170iqkMG

How hard is finding a job right now?

I've been weighing my options, looking for a possible exit strategy but so far I've had no luck in landing an interview. I'm wondering if I'm doing something wrong (it's been a while since I last looked for a new job) or is it really just the wrong... — read more 

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| 2880 views | | 5 replies (last September 22, 2020)
Post ID: @OP+16ZBRWJ3

Non Lay-off HR Communication?

What does a non-lay-off communication from HR look like? I assume if you’re not being let go and offered another position, you’ll also receive a meeting notification from HR/manager? Does it look exactly the same? Should I expect a heart-stopping... — read more 

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| 4810 views | | 11 replies (last September 22, 2020)
Post ID: @OP+16YoaMfy

A Storytellers Story

After 18 years and happy Nike Storyteller, I can tell you that SH1T is hitting the fan. The culture has deteriorated beyond what I ever thought was possible. Nike was never just paycheck, it was much, much more. "Serve (PK) the athlete... — read more 

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| 4380 views | | 7 replies (last September 17, 2020)
Post ID: @OP+16Yl7Jrr

Nike new hiring spree in Technology

What are your opinions on the new hires happening in Technology, especially engineering, product management, design etc? There are both individual contributor and leadership roles (director and above). Seeing a lot of job postings for global... — read more 

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| 4180 views | | 5 replies (last September 17, 2020)
Post ID: @OP+16TqFkrR

At least we have a job

Stop complaining. Nike is far from the worst company to work. My brother lost his job several months ago and watching him and his family struggle has been heartbreaking and eye opening. This place is far from ideal, but it's still providing me with a... — read more 

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| 3810 views | | 6 replies (last September 17, 2020)
Post ID: @OP+16S8aHD7

I really hate working here

I'm getting so sick and tired of the stress that comes with working for Nike. I am well aware of the fact that grass is not always greener, but how much worse can it be than what we go through here every day? Current leadership is terrible and will... — read more 

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| 4880 views | | 8 replies (last September 13, 2020)
Post ID: @OP+16RK5Oak

Quality vs Profit

I've recently purchased 2 pairs of $200+ running shoes on swoosh.com for my cousin who is light runner. Both pair blew out with 25 miles. Poor quality will k–l customer satisfaction even faster than hypocrisy. She's been wearing Nike ever since... — read more 

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| 1164 views | | no replies yet
Post ID: @OP+16RVTQ0I

Any Nike retail location impact

I know that JD stated that Nike retail store employees wouldn’t be impacted in layoffs. However seeing how there is a downturn in traffic one would think that statement wasn’t true

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| 1306 views | | 1 reply (September 8, 2020)
Post ID: @OP+16Q1tvAl

A perspective on today...

@JD.. when we asked for change, what we were really asking for is accountable leadership. Today it feels like we have simply moved from Friends of T and J, to Friends of H and M. Servant leadership, without accountability is another hollow... — read more 

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| 7140 views | | 14 replies (last September 9, 2020)
Post ID: @OP+16MEf6vx

Mentally Abusive Relationship - Let us move on

It is a like a mentally abusive relationship - you know the right thing to do is get out but you stick around thinking it will get better then you get pushed out! OMG! just get it done - one way or another - and let us move on. FFS!

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| 3021 views | | 2 replies (last September 4, 2020)
Post ID: @OP+16LqzPxG

Hey Nike Leadership, Listen Up

Hey JD, Nike leadership. We’re stressed, frustrated and scared. Thats what should have been addressed at today’s meeting. I know there are reasons for Extending this agonizing waiting period past the previously mentioned timeline but it really... — read more 

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| 5130 views | | 8 replies (last September 7, 2020)
Post ID: @OP+16LYHFoB

Valiant Labs

Has there been any RIF at Valiant, is the leader still in place.

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| 4660 views | | 9 replies (last September 11, 2020)
Post ID: @OP+16K20IYP

Today was not the day, apparently.

Today was not the day, apparently. So the stress continues. I’m really tired of being told by leadership to just stay focused. Can we just get it over with?

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| 6430 views | | 8 replies (last September 1, 2020)
Post ID: @OP+16FREWyz

Getting Closure

Someone on a previous post asked why can’t you ex employees get some closure and it was a very good question. My time at Nike kept me up some nights, many years later. I often was left thinking my experience was unique and therefore, I had a large... — read more 

Don’t drink the kool-aid!

This company will s— the life out of you! I tried for so many years at the sacrifice of my family. If you are worried about layoffs right now hang in there and then get the f— out. The best thing I’ve ever done is leaving this company. I could... — read more 

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| 4120 views | | 6 replies (last August 28, 2020)
Post ID: @OP+16CQPNwd

Who do I go to?

Who can I go to to report my director and really trust that it will be looked into the right way? My friends have told Me they’ve had terrible experiences with ER. HR are buddy’s with the leader so I don’t want to talk to them. Who else can you... — read more 

Suddenly blocked using Nike IP address

Anyone else suddenly getting a denial when trying to access this site from your Nike computer? Me suspects that our esteemed leadership has wised up to our dirty little secret here...?

Trim the FAT!!

Global merchandising team should be the first to be cut. Online shopping is the new direction. They are overpaid to put socks on mannequins.

Are y'all surprised or something????

As an employee who was affected by the 2016 layoffs, then rehired, (and one likely to be hit when the ax drops on Oct. 1st) these lay offs are not entirely shocking...... In the over 10 years I've been employed here, now seems like the most over... — read more 

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| 5710 views | | 8 replies (last September 1, 2020)
Post ID: @OP+16zg9C1l

Have you been watching the stock?

The Stock closed at an all time high today. Footlocker says people are spending their stimulus check on shoes. Foot traffic at the mall is back to pre-Covid levels. I also know insider details I wouldn’t share here that things are looking very good... — read more 

Severance packages this go around?

Any insight into severance packages for different bands this go around? I’d suspect, given some of JD’s comments, they’d be better than the garbage packages in the past, especially with his tech background- but curious if anyone knowS anything or... — read more 

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| 9270 views | | 5 replies (last September 2, 2020)
Post ID: @OP+16yMZBOw

Non-competes

Anyone know if you are let go, if the non-compete is still in place?

Exhausting

Can anyone provide insight between the timing of the actual email invite notification to the actual meeting with HR?

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