Topics regarding layoffs at Nike Inc.

Topics regarding layoffs at Nike Inc.

News Flash

As those of us who have been here through multiple layoffs and re-orgs know It’s best to save your time trying to rationalize anything Nike ELT is going to be doing over the next 6 to 18 months. In the meantime you’ll probably see two or three new... — read more 

Nike Finance

Anyone have any insight or thoughts about how the broader Finance org will be impacted? Rough times during the 17' layoffs....not looking forward to doing this dance again.

CAO

In past layoffs, the CAO was considered “safe”. Due to the divesting of categories in this layoff, I am wondering whether there will be layoffs in the CAO, as the need for category related support will no longer be necessary.

100 VPs! How many Sr. Directors and Directors will follow?

We have learned that nearly 100 VPs across the globe got laid off recently. We also heard that the next round of lay offs will start with Sr. Directors and Directors; I am simply trying to see if anyone got a sense of how will be laid off

Selection Criteria for Layoffs

Does anyone know what selection criteria is being used to evaluate who keeps their job and who doesn’t? Is the reorg shakeup a smokescreen to eliminate people with personnel issues reported to HR? Or even overpaid VP’s whose cost outweighed their... — read more 

Severance for V through U?

Anyone have history or knowledge into whether V through U has a prayer at severance/benefits package? No doubt VPs and even E/S will walk away with something to help weather the current storm. Particularly curious about health benefits, given the... — read more 

How do categories fit in?

We’ve seen how the VP structure plays out, but does that mean categories are completely gone or will they be executed by the lower bands? Will teams only break out as performance and style? As a sports brand, this men’s/women’s/kids structure tells... — read more 

McKinsey Retirement Village

Nike is the MRV- McKinsey Retirement Village. When they started going native at Nike everything shifted negatively. Nice slides, well spoken and bespoken - nonetheless, cannot create anything that the customer wants, cannot sell sh– and hate... — read more 

COVID-19 taught us how many useless people we have

Suddenly we can see who's doing the work and who's sitting there twiddling their thumbs and taking credit for the work all this time. A Lot of useless VPs gone in one fell swoop. With sports and sponsorships potentially gone for the year, it's time... — read more 

Dangerious Summer 2020

There is tension. There is anxiety. And yet, ledership is MIA for several months, the gruntworkers are spinning their wheels.

Ready To Move On

Personally, I am tired of Nike’s inhumanity, discrimination, and its general toxic culture. I want to be employed, feed my family, keep a roof over our heads, clothing on our backs, and pay the bills especially at this time when millions of... — read more 

IT

There are a lot of S bands and a few VP types in tech that don't know what they are doing at all. They have between wasting money and blaming Indian Techie types for their incompetence while they gorge on steak and fine wine at Nike expense... — read more 

Utter Lack of Good Judgement at Nike Exec Levels

They should have kept this secret until they were ready to execute. In that case, all the pain employees would suffer would be confined to the announcement date + whatever time it takes them to recover. Nevertheless, they did not want to do it... — read more 

Kindness and Respect

I realize this is a naive question for an anonymous forum, but couldn't we all be a bit more kind and respectful on this forum? I've been reading through the posts today to understand what's happening, and I've been shocked with how mean spirited... — read more 

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Arguably the worst rollout of layoffs in history

I've worked at multiple corporations and understand that layoffs come with the territory. But the way Nike is going about this right now is unbelievable. We're really expected to "control the control-ables" with this hanging over our heads for the... — read more 

100 VPs Promptly Laid off by Nike (July 2020)

According to a Sr. Director source, the number of Vice Presidents let go in the last two days is now estimated to be around one hundred!! 1/4 of all company VP's dispatched within two days. Lots of North America and Category VP's eliminated... — read more 

15-20 VP Lost their Jobs

An estimated 15- 20 Vice Presidents lost their jobs this week. I know of two in my own group. I guess JD was serious about ending the matrix. SR Directors are next followed by Directors and everyone else in the next six weeks. Estimates are 4000... — read more 

Nike childcare dissolving officially

Made official this morning-more details coming from HR later today. Last day of employment for all childcare workers will be end of September. Paycheck of 10/1. Parents being informed this morning. Phone call with teachers this morning was devoid of... — read more 

Replaced by younger or more diverse colleagues?

Nike will use this opportunity to improve diversity numbers. It will be interesting to see how many people feel their age and lack of diversity are factors in their demise. How many are parents whose replacements are childless? Parents have faced a... — read more 

How does Nike/Flex handle cancelled ETW contracts?

I am an ETW on a contract. If the division I am working with is impacted and contracts are cancelled, how is that handled? Will they be paid out? Does it matter if you are hourly or otherwise? All advice appreciated.

An Anatomy of a Zoom Layoff

You will get a Zoom call from your manager and a rep from HR. During the call, you will likely lose your links to e-mail and internal networks. They will e-mail you a copy of your severance agreement and any associated NDA, non-compete, etc. at a... — read more 

ETWs

How likely do you think that ETWs will be laid off? haven't been at Nike long enough to go though one of these layoffs before, & trying to figure out how prepared I should be- despite whatever my management says about me being "valued"

Layoffs Confirmed, Execs Rotate Chairs

Nike said the changes it is making will lead to a “net loss of jobs across the company,” which will result in pretax, one-time employee termination costs of roughly $200 million to $250 million. A spokeswoman declined to tell CNBC exactly how... — read more 

Fine line

I see many people on this forum relaying their concerns or even fears. These are real emotions and they run deep especially at this time given everything with which we are dealing. I commend you for being HUMAN. I also see other type of people here... — read more 

Losing all motivation

I'm not sure what's worse. All the layoffs, the hope after every new scandal that the work environment is going to improve just for it to slide back and become even more toxic than before a few weeks later, the horrible managers, the office politics... — read more 

Is this the end?

I have worked for Nike for about 40% of my life. A while.. Yes, the culture and company has changed, but so has the world. Nike was number 1 when I started out, but has since grown into the extreme powerhouse it is today, light years ahead of its... — read more 

Layoffs via Zoom meeting!!

Some employees got terminated back in June and others will be terminated in July, August and/or September. Are the notifications being done via Zoom? What about signing documents? Returning equipment (laptop, phone, etc.)? Odd times, really. Sorry, I... — read more 

Why stay at Nike?

So many people seem to hate this place with a vengeance. I have a question for you if you belong in that group, why are you still here? There are many companies that would be a better fit for you than this place, why not give them a try? This is an... — read more 

Is this normal?

Relocated across the country to join as a director. I've been here 6 months and hate it. It's difficult to get anything done, all communication is via text message...which is strange, and I feel excluded within my team. I want to go back to my... — read more 

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