Do you think most of North America WHQ will go? Then global will just work directly with territories?

It's starting meetings just called

Anyone know the package? 2 weeks for every year? Does it get paid out in full when you sign the papers? Do they also give you your last regular paycheck for the work you've already done + vacation, etc? And are they enforcing non-competes?

All conference rooms in our building are "closed" tomorrow and all meetings have been cancelled. Add that to our VP being at "management training." Good luck all

Retire the online store - just like Starbucks did a week ago - tens of millions in savings. Negotiate with Amazon a 5 year no fee deal - thats called fresh thinking. Deal with fees in five years, online shopping will change anyway. IT is so bloated... — read more 

Someone else posted this in a separate thread - I am bumping it: We continue to price ourselves out of the market. More and more, people can't afford the product. Half the employees I speak with wouldn't even be able to afford the products if it... — read more 

No matter what your answer here is, the number is huge. It's layer upon layer of well paid VPs who contribute to Nike in a marginal way. I'd say let's start with that layer, eliminate let's say 50% of all VPs and see what happens. I'd bet the numbers... — read more 

Anyone know if any store closings would happen? And how are descisions made to do so! Are PNLs a guideline they go with?

Heared that this week Asia already starts the movement. Hang in there...

Between 450-500 layoffs are planned for the week of August 28th at WHQ (multiple functions impacted). Additional layoffs will take place globally (outside of WHQ). This is only round 2... The Schedule is as follows: Monday = HR training of VPs for... — read more 

The DTC model has way to many positions that are a big waste of time! RDDs when they travel come in with at least 5 people in tow to visit a store.Pulling managers away hours at a time just to tell you the store is ran poorly with only being in the... — read more 

There was approximately 25 in Canada yesterday out of maybe 75-85 people in CHQ. Almost all functional areas. Some areas wiped almost completely. A lot of people with 15-25 years Pretty sad given how well Canada performs and how short staffed they... — read more 

Lay offs worldwide starting next week. Cuts will be deep, they have even fanned out global security to assist as expecting folks to be very upset. Heard Canada got to go first today, haven't heard total numbers but almost entire departments cut from... — read more 

I live in Portland and used to work for Nike, as well as some of my family and friends. I have never been laid off, but have witnessed how these go since the early 90's. Nike has a lot of positives, but their layoffs reveal a darker side of the... — read more 

We are not the only ones who are noticing that Adidas is getting way ahead of us, with less and less chance of us catching up to them... I hope somebody decides to do something about this before it's too late... — read more 

More layoffs coming. Futures orders down. A geographic restructuring from 6 to 4. CEOs of chain retailers calling out Nike directly for lack of product innovation. Adidas and Vans on the feet of most 14-17 year olds. Senior leadership with limited... — read more 

I realize rumors are flying left and right given the lack of communication from leadership, but I've heard from a very credible source that the next round is happening the last week of August. It sounds like the original plan was to roll out... — read more 

Just wanted to check in and see if folks had any updates on what's going on relating layoffs and reorg.

Not sure if I am giving too much credence to rumors, but August 15 truly seems to be the D-day. I've been with Nike for over 10 years, and I used to love my job. Now, it's mostly a source of stress for me as I don't know if I am going to be next on... — read more 

What will the impact be? Do you know? Please facts only.

Bloodbath round 2 will hit. Nike will call it optimization by reorganization in order to increase speed and flexibility. It isn't. This is straight overhead reduction because Nike isn't a growth company anymore. Rumor is that 1200 people will be let... — read more 

So far, 200 people have been laid off. We all know more is coming in August, but what I was wondering is if Nike will go for the entire 1200 remaining at once, or will they split it up? In all honesty, I think I'd rather know right now, then have to... — read more 

Were all 2% (1400) laid off already in June? Is August an additional percentage being laid off in addition to the 2% in June?

Next round is coming. Good Luck everyone.

Of course that layoffs are the first step to take, even if the company is suffering much, much deeper problems that need to be addressed. But we all know that no matter where and no matter how much it is their doing, management will not be the one to... — read more 

At another company I was at for a long time, during the height of the recession, we recieved 2 weeks of pay, 1 month for every year served, immediate vesting of all outstanding stock, and several weeks of free career counseling from a professional... — read more 

Anyone have info on what the severance is? I heard 1 month for every 2 years worked -- which is pretty awful.

Nike IT is a sh-- show. The funding model is broken and all the Sr. Leaders only care about protecting their own careers. The CIO has the personality of a log. His claim to fame at Coke was a data center migration clearly thwy need more than that... — read more 

This is round one. There is a round 2 and it will hit in august. At that time, the cuts will be heavier in geographies, and enabling functions ( IT again, HR, Procurement, Workplace Design and Connectivity, Category Ops, Legal, and Supply Chain)... — read more 

This happened years ago, 96/97 with Fila and Avia. I worked at mile in those years, and they made it like you should be paying them to work for them. I worked for reebok nearly 16 years, and thru constantly layoff people off throughout the years... — read more 

Nike IT is just so messed up they have horrible leadership and it will only get worst as I feel at least half the people they laid off are the ones that were truly passionate about Nike. All these Bank of America VPs that joined tech are running it... — read more 

Anyone have an idea how many FTE's were let go yesterday at WHQ? It feels like most of the supposed 1,400 were there, maybe more. And it feels like most of those of us with at least 5 years or more were axed. A blood bath.

What is interesting, the decision makers (C-Suite) who got Nike in this bad position (actually this occurred before) still maintain their positions. T he problem is on the top floor not with the people they are laying off. The continue to make bad... — read more 

All the layoffs in my partners IT departments were employees with 15-30 years employment with Nike. b---s--- upper management decided to clean sweep tenured employees and keep H1Bs and anyone under 30..... Beware of big corporations. Lifetime jobs... — read more 

Nike and converse are not loyal to their employees. Converses also laying off employees. They are just doing it slowly and trying not to call attention to it. It doesn't matter how long you work for the company 15, 20, 30 years, employee dedication... — read more 

I wonder how many of the people that will be laid off are 62 yrs of age or older and have worked for the company for 20yrs. Seems like nike doesn't want eldery people around.

The Eagle has landed! Godspeed peeps, we'll need it!!!

There is a ton to report here – in short 1400 will be laid off, if you add contractors on top of this list the number will be much much larger. They are moving P&Ls... Now focus is on big centers, NYC, etc. there is a ton of danger here as we are... — read more 

Preparation for this phase had already decreased Nike Technology including Cyber Security by 30% already over the past 9 - 12 months. Supply Chain related rolls including rolls supporting supply chain are on the chopping block with this latest round... — read more