Topics regarding layoffs at Nike Inc.

Topics regarding layoffs at Nike Inc.

The death of a culture

“We will emerge stronger and better equipped to fulfill our purpose to serve all athletes and grow the future of sport,” Donahoe said. That quote is laughable. Right now, the brand is weak, and shareholders can put the blame firmly on Donahoe's... — read more 

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| 1400 views | | 7 replies (last February 18, 2024)
Post ID: @OP+1r7SeDdz

How did people find oit

If they got laid off.. was it an email? Are they done sending those emails or will they continue?

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| 2152 views | | 8 replies (last February 17, 2024)
Post ID: @OP+1r7vepJ9

Nike 10k Income Statement 2023

Interesting there is revenue growth and cogs increase as well(as expected with growth and inflation). However, SG&A expense increased $1.6b in one year??? How did that happen. I can see people looking at this from a financial statement perspective... — read more 

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| 1000 views | | 3 replies (last February 17, 2024)
Post ID: @OP+1r7hMrMQ

Your potential unlocked

At the end of the day, you are potential unlocked. For all of the complaints on this board the real lack of mention is the outstanding work ethics and drive almost all of us witness in our day-to-day peer environment. Most teams are scrappers that... — read more 

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| 740 views | | 2 replies (last February 17, 2024)
Post ID: @OP+1r7sCLKl

Hiring is still going on along with layoff?

How is it possible that jobs are still getting posted recently amidst layoffs! So they are dumping existing employees and getting new people on board same time? What logic and cost cutting is this? Are they hiring at much lower salary?!! Can someone... — read more 

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| 1330 views | | 9 replies (last February 18, 2024)
Post ID: @OP+1r7kzOKT

JDs Comms

From his email mentioning “accountability” for himself and leadership: but firing other people! The email was total fluff, empty promises, with no solid strategy. Sorry for those of you let go yesterday in this s*€tshow, but welcome your better days... — read more 

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| 1370 views | | 8 replies (last February 18, 2024)
Post ID: @OP+1r7xrv56

Who is responsible for employee anxiety?

How can leadership at top level sleep well after giving sleepless nights to thousand of employees over this weekend of fear to get laid off! Who is responsible for mental health disturbance,stress and anxiety of employees waiting to know about their... — read more 

Not sure if this will help anyone but this is what I found as i was researching what to do after a layoff... Here it goes in 10 bullets...

Not sure if this will help anyone but this is what I found as i was researching what to do after a layoff... Here it goes in 10 bullets: [1] File for Unemployment Benefits: Check your eligibility and promptly apply for unemployment benefits to... — read more 

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| 1650 views | | 7 replies (last February 18, 2024)
Post ID: @OP+1r7fVW0s

FTE respects and are proud of ETW teammates!

No hate comments towards our ETW teammates please! We are very proud of them and they are equal part of same company! Both respect each other and treat equal! Proud of all ETW and they owe same respect as FTE! Both should be safe from upcoming... — read more 

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| 790 views | | 8 replies (last February 19, 2024)
Post ID: @OP+1r7YVjEB

Which functions or org have been affected so far?

Reading the questions here is disheartening, and I empathize with your feelings. As I'm currently based in Singapore, I'm not privy to updates from WHQ. Could you please share any insights on which functions or departments have been affected?

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| 1740 views | | 3 replies (last February 17, 2024)
Post ID: @OP+1r7qrChs

End ETW contracts and retain FTE!

End all the contracts of ETW’s and retain FTE’s should be new norm to success! No point in keeping temporary workers from xyz Company and laying full Time employees! Bad decision to lay off employees instead of temporary contractors! May be in FY24... — read more 

All of this makes me sick to my stomach

I'm nauseous. Why? What happened? Why? No joke that I'm sick and want to throw up. I wish I had JD and all the ELT in my tummy right now because either end they would "end" up in the toilet and flushed.

Is anyone safe?

There were so many people let go today that I didn’t see coming. Really really good people. Strong performers. Do you think there’s anyone who is actually safe? Groups or individual people that would actually be a real blow to Nike to let go? Or are... — read more 

Wrong people AGAIN

Hearing some sad stories. Leaders using this as opportunity to clear out threats for their job security and old grudges. Losing hard workers and talented minds again Nike just got even more toxic

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| 2570 views | | 5 replies (last February 17, 2024)
Post ID: @OP+1r7w7fZk

Lay me off!

Give me the severance package. The phony messages about new direction, stream lining, getting after it etc from leaders that know they are safe is depressing today. Those leaders will be doing nothing except pushing their teams to make themselves... — read more 

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| 1880 views | | 8 replies (last February 17, 2024)
Post ID: @OP+1r7AUK2H

Non managers who were let go, what was your CFE?

First off, condolences. I hope your next gig is less toxic than Nike has been. Anyway, heard rumor that non management layoffs are being based off past CFE ratings. Curious if this is BS or not.

Meetings next week

Admins to the leaders that were let go are being forced into a secret meeting on Monday. “Per John’s email, we will need your help scheduling upcoming transformation activation conversations…Do not share this session or the invitation”. We have to... — read more 

Unionize

Start a union. Keeps management honest. Takes a brave group but stranger things have happened. Ask Amazon and Starbucks.

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| 1010 views | | 9 replies (last February 17, 2024)
Post ID: @OP+1r7DJX09

Vultures are circling, but I'm not dead yet!

Can we have some compassion and empathy? It's been a hellish day and the last thing we need in our life right now is for a team member to "check in because they saw my name on the list and let me know that everything happens for a reason. And oh btw... — read more 

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| 2480 views | | 8 replies (last February 17, 2024)
Post ID: @OP+1r7JYTOI

Pattern

The pattern or criteria in GT thus far appears to be based on: Hired by the RAT Age And not necessarily in that order.

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| 2440 views | | 7 replies (last February 17, 2024)
Post ID: @OP+1r71qp2e

How to demoralize, a Nike story

Today people all saw the messages, we all talked amongst ourselves. The fact remains that work will plummet today, and likely wont improve until after next week. What is the point of working hard, if you're just going to tire yourself out so some... — read more 

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| 2000 views | | 4 replies (last February 17, 2024)
Post ID: @OP+1r68hsyc

Why do we spent

Outrageous amounts of time and ceremony on strategic decks, plans & roadmaps in support of a future state/vision that now never seems to last longer than a few months. Why?

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| 1163 views | | 5 replies (last February 17, 2024)
Post ID: @OP+1r6G3Qmx

The Telltale

Check you Profile in Slack. If your email has a number code attached to it you are on the list. Unclear how much of a heads up that gives you. Might be day, might be an hour? Mine just got it - waiting for the call now. 1708XXX where X-X is your... — read more 

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| 12530 views | | 73 replies (last February 19, 2024)
Post ID: @OP+1r6E0q9H

Clarity re: personal documents in the case of a layoff

Can anyone offer any clarity on whether it's acceptable to save personal documents to one's google drive in preparation for a potential layoff? Saw conflicting statements on a separate thread, both from people who claimed first-hand experience. Want... — read more 

FTE vs ETW

If Nike hires contractors, ETWs, so that it can flex staffing up and down depending on business needs, then why are only FTEs bring hit with layoffs? Rational leaders would look to cut contracts first. It's becoming a company of contractors with no... — read more 

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