Thread regarding Nike Inc. layoffs

I want out, but I can't decide between waiting to be laid off or quitting

On the one hand, waiting to be laid off means getting a severance package and collecting unemployment, but it also means a lot of people will be competing for the same jobs at the same time.

On the other hand, if I quit, I can get ahead on the job-hunting, but there are no guarantees that I'll be able to land something quickly and I won't have any severance to fall back on.

I've been going back and forth on this for months. How do people decide?

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| 1594 views | | 27 replies (last July 10, 2024) | Reply
Post ID: @OP+1tpLXIrt

27 replies (most recent on top)

@2nlg+1tpLXIrt You are right. I am convinced that you are right when you say it is a tough market and that none of us find any job ever again. Would you now please get off this site and stop spreading your toxic energy? 🙄 #I am not a naysayer.. Just stating facts! I am not negative just stating facts...
Facts are you have applied to an average one job per day !a--hole

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Post ID: @2gvs+1tpLXIrt

@1awo+1tpLXIrt No one “sent” me leads, I can see the roles myself as I search all these companies daily, and while I appreciate them being pointed out, I did apply to them cause the Hoka ones were posted in December(and referred by internal people to the roles) and keep being reposted, and that is the feedback I got when speaking to new balance and the 25 people i know there who are also unemployed in Boston. Maybe try to approach someone with curiosity vs calling names and blaming?

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Post ID: @2nlg+1tpLXIrt

@1yqj+1tpLXIrt Man you are so toxic! WOW! Some one sent you some leads and you just straight reject it? There is something wrong with you and your attitude. Quit being on this side and spread your negativity and perhaps get off this site and start re focusing on your job search then

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Post ID: @1awo+1tpLXIrt

@1npy+1tpLXIrt Appreciate this, heads up, those PdX roles have been open since before December, new balance is flooded with talent from layoffs in Boston as Saucony, Reebok and converse, and Lulu … well let’s see. They rejected someone I know with that exact expensive so hard to say.

Don’t wanna be a naysayer, but sharing facts

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Post ID: @1yqj+1tpLXIrt

Popping on to say moving industries isn’t so easy in this market given the flood of talent employers tend to want every box checked, including having done that job before. If you’re having success moving industries if love to know how, as I’m also having a challenge.

Double points for doing so as someone with a background in product

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Post ID: @1zac+1tpLXIrt

@1nah+1tpLXIrt

No arrogance here. But plenty of doubt.

Footwear & apparel is going to be contracting for a few years at least, jumping industries or expanding their specialties should be their priority not a forced move.

Their application rate is low. And they may be over investing their time given the sheer amount of take home projects they mentioned (and the excessive hours required for each one).

I empathize. Watching someone’s career dreams die is always rough. I may be a little calloused having gone through it myself in 2008/9. I’ve moved thousands of miles for a job I hated.
At some point you have to make survival and stability your priority.

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Post ID: @1qzi+1tpLXIrt

@1jkq+1tpLXIrt I want nothing but the best for you. I hope you land something soon. This too shall pass. I am not sure if it helps but I saw new job openings in NewBalance, HOKA, LULULemon and another company called Insite Insole in California. All have opened position in the past few days. Again, not sure those positions are relevant to your expertise. I had a mentor who used to say this "the darkest moment of the night happens just before the sunrise".. Hand in there my friend...I suggest reach out to this guy and see if he can give you any idea : https://www.linkedin.com/in/akarpiak/

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Post ID: @1npy+1tpLXIrt

@1bgw+1tpLXIrt Bro said he has gotten to final rounds outside industry too so doesn’t look like it’s about being too narrow.

Plenty of qualified people outside this industry are also having trouble finding work, there is no reason to be arrogant in your approach to them.

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Post ID: @1nah+1tpLXIrt

@1qgc+1tpLXIrt No negative energy, just stating facts. And no one has said there is negative energy in the interviews. I’m getting feedback it’s between me and one other person usually, and then they go with the other person because that person has more xyz they were looking for (technical skill) or whatever.

From what I’ve been doing and how hard this has been I’d say my spirits are pretty high, however it’s important to acknowledge reality and be empathetic vs talk sh-t like it’s a me thing. That only makes you look like an a--hole.

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Post ID: @1jkq+1tpLXIrt

“ as I studied this industry”
“ since the start of this mess in December, I’ve … applied to over 200 jobs”

So you’ve applied to one job a day and your professional training has locked you into a fairly small industry (footwear or apparel it sounds like), possibly with experiences that outsiders don’t think transfer well.

You’re playing on hard mode bro. On average, other people here will have an easier time than you.

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Post ID: @1bgw+1tpLXIrt

@1gjb+1tpLXIrt. Bro if you have this amount of negative energy in your interviews too, well I can see why you are not being hired.... Good luck

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Post ID: @1qgc+1tpLXIrt

@1gjb+1tpLXIrt Yes I have been laid off twice and once quited from Nike on my own terms and was able to bounce back in 1 to 3 months. The first time I was let go was in the middle of COVId where no one was hiring. I was let go in April and I was at my new job 11 weeks later. I did relocate. I have an advanced degree. I reached out to 1500 professionals in my LinkedIn network and asked every single one of them if they are hiring in their companies...There is no point for me trying to convince you that yes one can actually find job quickly depending on their approach to market. You are entitled to your view point and to remain as combative and negative as you want...
For my field, I used cheeky scientist as a service for resume writing, leveraging AI to beat ATS and also to learn how to actually apply to a job that is a real opening. So instead of applying to 200 jobs that might be just ghost opening, I would go and get a hold of their company recruiter and HR person on LI and ask if the position is still open, if they have a time line for hiring. If you approach this correctly, almost 80 percent of recruiters and HR professionals will tell you if it is an internal hiring so you would not apply or if they are actually looking to fill this position in the next 1 year so you know it is not an immediate hiring..
In my close circle of Nike colleagues, I know at least 5 people who quit and found jobs in 2 to 4 months. Again. It is like looking for real state. If I go to market with strict criteria and a low budget, it would be tough to find anything.
Again, you are entitled to your thoughts and neither of us need to prove the other person wrong. Believe it or not, there is no gain in it for me to convince you to be a bit more open minded and optimistic . Best of luck

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Post ID: @1iae+1tpLXIrt

@1imk+1tpLXIrt genuinely curious, have you yourself been applying and looking for a new job in this market without employment? If not, I’d say your comments aren’t grounded In reality. Or, I’d ask if you’re hiring and I can apply to your team.

As someone who has been searching for work since the start of this mess in December, I’ve :

  • applied to over 200 jobs - across the country and both internal and outside this industry.
  • done 12 projects and case studies which took weeks of preparation and were not compensated
  • made it to 6 final rounds where it was between me and one other candidate

still no job.

Ive reached out to everyone I know to catch up, and many more I don’t know to meet and build relationships. I’ve had multiple people who all have referred me and given me glowing reviews. I have multiple LinkedIn reviews from peers, ex managers, and VPs who vouch for me being top talent.

I tried to go out of industry and tried to stay in- which I’d prefer as I studied this industry and this is my career and passion and love, but even then I’ve looked into multiple avenues outside of the industry.

I’ve applied for 2 levels up and all levels down and am willing to take even a 60% paycut. less than that I’m competing with recent grads, can’t afford an apartment without a roommate, and even then I am told I’m over qualified.

I’ve been turned down for contract jobs, and jobs I’ve done before.

I’ve been given feedback I’m an incredible candidate, who would bring a lot to their company and team, that my resume and cover letters are beautiful and well done, that I present to validate what my resume and cover letters say, that my case study’s are well thought out, strategic and professional.

I’ve also been told the job was competitive and there is just someone with a bit more experience specific to doing that exact role.

@1imk+1tpLXIrt So… tell me again wise one, what am i not doing that in your opinion makes this market so “different” for people who you know that seem to be able to find new work do easily? Because your comments seem invalidating and completely un empathetic of the situation out there and are pretty presumptuous the root cause is the candidate.

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Post ID: @1gjb+1tpLXIrt

@1shp+1tpLXIrt
One last time... every one experience job market differently... It is so wrong to scare people by saying it is a tough market! It is a ridiculous statement 🙄
I know two of these high performers with PhD degree who were laid off in October and they are still looking!
Why? They only want a job that is either remote or in Portland area AND is in footwear industry or close to that AND they have not learnt any new skills since 15 years ago when they joined Nike AND they only apply to a job if it's pay is more than 200K!

Job market is like housing market.. If you go to trulia and set filters to location and price, then yeah there are not many options available

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Post ID: @1imk+1tpLXIrt

The number of top performers I know laid off last December and November who are still looking is insane. Look while you have a job, this is not the market to be unemployed in.

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Post ID: @1shp+1tpLXIrt

So I quit Nike a year ago. Did my thing for a few months then tried to find a job. The job market is so brutal right now. I blew threw my year of saving and I found myself back at Nike last month at lesser pay.

Would I do it again? Yes. Was it painful to watch my house down payment disappeared after 5 years of saving? Yes.

Do not quit unless you seriously have a year of saving. Find a new job then quit.

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Post ID: @1hjh+1tpLXIrt

OK. Legit question...why down voting the suggestion of taking medical leave if someone is stressed mentally?

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Post ID: @1idg+1tpLXIrt

If you aren’t smart enough to figure out the correct answer to this question on your own, then you have bigger issues beyond workplace satisfaction.

Harsh, but true.

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Post ID: @tke+1tpLXIrt

Op another suggestion is to take 3 months of paid medical leave if your mental health is suffering. It is fully paid and you can have a lot of time to focus on interviews. If you get a job, then you can resign. If you did not, you have your job to come back to but at least you have tested the water

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Post ID: @ghc+1tpLXIrt

I didn't quit. Like others in this thread, I would also advise that you not quit until you have your next gig lined up unless you are having health issues from work and are independently wealthy or have a second family income to tide you over.

When the rumors of layoffs started in November of '23, I was already feeling frustrated that there was no way for me to succeed at Nike. (I don't mean to advance, I mean just to successfully achieve the basics of what we were trying to achieve.)

I started applying with strategic narrow focus on the right types of jobs and employers (for me and my experience). By definition, a small set of jobs.

Was laid off in April. Was making progress and setbacks with one of those companies I applied to in November. It took until now, just past the two months paid vacation from Nike, to begin the new job.

It was fortunate happenstance (blessings from God), but the timing is impeccable from a paid vacation and severance package perspective ... and from a rest and recovery perspective given my frustrations at Nike.

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Post ID: @yxa+1tpLXIrt

I can probably help you here. I was in the same boat 4 months ago. I was going down a very dark road. From anxiety to panic attacks to constant stress.i decided to apply for jobs while I was still employed but it is almost impossible because I had to physically in the office for 6 to 8 hours and perhaps I could apply to only one position during the day and by the time I was back home, I was so mentally exhausted I could not focus on actively applying. I hit rock hard when one night I woke up and started having hallucinations thinking some one is in the house... Any way, I realized I am paying high in remaining employed both by missing time to apply and by destroying my mental health. So I decided to quit.... I had 6 months of reserved cash and I also applied for Lyft just in case I need to make some quick cash and I started applying like there is no tomorrow. I applied to 10 j9bs every day and I am happy to tell you that last week I landed a very nice offer... It took 4 months but in these 4 months, I felt empowered to be in charge of my destiny and doing best for my mental health... Needless to say I am now working on losing the extra pounds I put on due to anti depressant medication. If you have 3 to 6 months of living cost, then do it... I also switched my cellphone to mint so I could save money. Started delivering with Doordash if I was board at home late evening and I also switched my internet service to another carrier to save money... Mental health is a very strange thing. It is invisible. Once you slip top much, it become impossible to pull back... You reach a point of no return... That is what made me quit... Full disclosure, my monthly living cost is around 4 grants between mortgage and car payment and bills. I do not have any credit card debt

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Post ID: @cwo+1tpLXIrt

Find another job without quitting. Our board & CEO moonlight all the time. It’s only called overemployed when peasants do it.

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Post ID: @ccv+1tpLXIrt

The best time to look for a job is when you actually still have a job.

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Post ID: @ugg+1tpLXIrt

Do not quit your job, the grass isn’t always greener on the other side

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Post ID: @bhn+1tpLXIrt

Start your process now, your future at Nike has nothing to do with your performance. Start updating your resume, make connections and give some thought to what’s next. Dont quit Nike until you have your next opportunity lined up. The job market is no joke right now, there are opportunities but also a lot of competition for them.

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Post ID: @jmk+1tpLXIrt

Combo of magic 8 ball, ouija board, miss Cleo, and a double tab of LSD

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Post ID: @myw+1tpLXIrt

Don't quit unless you have a very solid savings account (like up to a year of expenses). There are jobs but employers are moving extremely slowly. I got laid off in February and still looking. I have been interviewing for one job since April with no end in sight. Grateful I have my spouse's income + UI benefits + severance.

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Post ID: @ndy+1tpLXIrt

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