Topics regarding layoffs at Nike Inc.

Topics regarding layoffs at Nike Inc.

How is the severance calculated?

I know it depends on your job grade and tenure but does anybody know how to calculate it for grades 45 and 50? My partner and I are trying to figure out where we will be financially if we lose our jobs next week.

WARN Act - 740 WHQ Employees

Per document uploaded in OR WARN database yesterday, it looks like 740 WHQ employees were/will be impacted by phase one and two.

Nike HBS case study needed

There should be an HBS case study documenting Nike’s fall and cultural erosion. It would make for great learning. Title it “From great to meh in 5 years”. It would be good learning from future managers on what not to do.

Meeting requests sent by certain time?

I have heard so many different things, does anyone know if meeting requests will go out by a certain time each day or are we expected to just be staring at our inbox all day? I heard from a few people they would all be sent by 10am can anyone with... — read more 

ESPP contributions

Hello! Does anyone know what happens to ESPP contributions if we get laid off? Do we just get reimbursed? Or will we receive discount stock?

Any good TV series to binge?

Hi, want to distract myself and try to minimize thinking about what’s gonna happen next week. Any recommendations on TV series to binge on?

So who’s writing the book?

In a few years time, I expect to see a book about life at Nike from 2019-2025. Anybody documenting this?

thanK you aIMee … i mean nIKe

I’ve been at Nike almost 20 years (currently a senior Director) and the last five have been dedicated to fixing internal problems, observing our leaders display anything but leadership defined behaviors, and watching what was left of our amazing... — read more 

D-mb question

Do you get unemployment even if you take the severance?

Shoedog Vs. Showdog

And this my friends, is what happens when Nike is not run by a Shoedog but a Showdog: Passion Vs. Getting Rich Culture Vs. Emptiness Playing offensively Vs. Playing Defensively Win at Pace Vs. Stuck in the Mud Execution Vs. Storytelling Energy... — read more 

No communication, absolute silence

Anyone else have an absolutely dead inbox and not updates on any exits around them today? I heard most exits and demotions were happening today, and would be completely (demotion decisions) by Monday. Anyone else hear that? Feels like there was... — read more 

Do the Math - 740 = 7% of WHQ

"Nike plans to lay off 740 employees at its world headquarters in Beaverton by June 28, according to a notice the footwear and apparel giant sent to state officials." This is roughly 1 in 14 who will "sacrifice everything" because they "believed in... — read more 

What plans for the weekend? :)

I’ll try my best not to think too much about what’s gonna happen next week (I know, easier said than done) and maybe go to the coast or something to distract myself.

What if......

....instead of blowing up JD at the next "all employee meeting" zoom in the chat, NOBODY, and I mean NOBODY, showed up. I know the peons can't see how many folks are on the call but you can damn well bet that JD and the SLT know. Since Nike likes... — read more 

740

https://www.oregonlive.com/business/2024/04/nike-says-ongoing-layoffs-will-impact-740-in-oregon.html

What orgs are seeing invites today?

What areas are seeing invites pop up today? Guessing GT will be late next week, just to extend the agony of working in this sarlacc of an org a tiny bit more. People of a certain age may remember this pit-like creature from Return of the Jedi... — read more 

I got the invite

Invite from my VP for today. I feel totally unprepared for this conversation no matter what the news is, but my gut tells me it’s bad. Best of luck to you all.

Innovation and RTO

[..] Nvidia is doing fairly well. It has grown by 225%, from $678.42B in April 2020 to $2.20T as of April 2024, and is now one of the three most valuable companies in the world. And, it has done so fully remotely... — read more 

Updates on FAQ on the Path Ahead Workvivo

I found this out only yesterday, and was confused why there was no formal communication. But if you go back to “The Path Ahead FAQ” on workvivo, they updated it with information yesterday. They advise all teams to work remote if they are WHQ based... — read more 

JD in quote the pickle

JD and his minions working overtime in a panic to decide if WFH next week is the way to go. Timing wise, what a big swing and a miss for his PR team to release comments about us not being “disruptive” working from home. Not surprising, as this is a... — read more 

I’m just sad

I’m sad for you. I’m sad for me. I’m sad for my team. This just doesn’t feel like Nike. I love everyone on my team and I love everyone here at Nike. I’m so happy to be here and I hope everyone stays safe. My gut tells me I’m gone, and I’ll find... — read more 

Get your popcorn and your resume ready..

Get ready. This forum is about to pickup some steam again.. It’ll be sad, it’ll be angry, they’ll be some fighting and stupid things said.. things will get heated and they’ll be some funny comments to lighten the mood. We’ll laugh, we’ll cry, we... — read more 

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| 1070 views | | 1 reply (April 19, 2024)
Post ID: @OP+1s7j4ud4

Health & Wellness benefits

Will we still able to utilize the balance of our health & wellness benefits, if we were let go on coming Monday ? Or advice is to quickly submit the claims before Monday?

My entire team hasn't done any work this week

We had assumed JD would communicate at some point but instead we've just spent all this time anxiously waiting for information. We don't know whether Cathy's email about WHQ applies to us or not. Our boss seems distracted too -- it's all just so... — read more 

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| 1140 views | | 1 reply (April 19, 2024)
Post ID: @OP+1s7qO8OZ

My entire team hasn't done any work this week

We had assumed JD would give us a timeline at some point but instead we've just spent the time anxiously waiting for a note that never came. Even our boss said she understood why we were so distracted. Lame because it was totally avoidable. Just a... — read more 

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