I got laid off last week after 15 years. 5 great years in Product Marketing followed by 3 years in Finance and the rest in WD &C which was weird with constant changes and lots of incompetent reptiles promoted because of who they knew and not their talent.. I am grateful for my time at Nike. got a decent severance, and paid out unpaid PTO plus vested stock and 6 months of health insurance. Wrong side of 50 and don't want another corporate job.. I am sorry I lost my job but this kind of thing happens. As an E band, I got paid well. I think I will try being a pet sitter as I want to just hang out, and earn some income without pressure. Good luck my friends. Nike is not your mom, Just move on.
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OMG you people. OP has clearly budgeted, saved, and worked hard with their situation to be able to be at this place in their life where they aren't living paycheck-to-paycheck. Had they made different choices, wasted money, lived extravagantly, then yes, they'd be in a different place. If they are privileged in any sense, it's that they have the privilege of financial security because they planned, budgeted, scrimped, saved, and worked hard for 15 years. An admirable quality. Yes, those were different economic times when the price of housing was lower but guess what, so were salaries -- and 20 years ago when they bough their house mortgage rates were approaching 6%... But somehow you feel that environment is OP's fault or that they have privilege due to it? Wow.
OP, just because young people from your community behave like that doesn’t mean all young people have mommy and daddy to rely on. Only kids from a certain social economical statues can do that.
And of course people like you would always give a lecture about “hardworking” and “strategic planning”. Yes, they do matter and you get credit for making the right decisions.
But denying the privilege of being in a completely different job market, housing market when you started your career as a young person is just arrogant and ignorant.
And you said because YOU got a good deal so other people shouldn’t hate Nike?
Ok… People just have emotions, but they will eventually move on.
Enjoy your retirement! And I hope you kick out your kids early and don’t let them live home rent free.
I don't think it comes from privilege it comes from someone who planned and made choices to set them up to have success no matter what. I do find it funny to see the 20-30 group talking about privilied when most live or lived off mommy and daddy way too long, spend like as if money is just going to be there (maybe that is a problem when mommy and daddy pay for everything and give you a trophy every morning you wake up) and complain about working more than 20 hours a week because it gets in the way of their "friend" time. Learn to be self-sufficient then you'll understand how this person set themselves up. #poorme
I am in the same spot after 20+ years. Took my time to find a job that I truly want without any pressure and cruising towards nearly retirment. Life is good!
The people calling you grandpa require a trigger warning before words are spoken and need us all to know who they are or are not se-----y attracted to. Fu-k you all and go back to your parents basement.
“Reptiles” about covers this entire conversation.
Too many left to count.
Chilling at E band for the past 10-20 years at Nike is the ezmode life. Plus buying some nice property here in Portland back then for like 100k woooo that is nice thanks for the update I am jelly af.
I’m 50+ and I still need to work a full time job, likely for several years. Consider yourself very lucky while I go continue to look for a job so I can pay my mortgage. Thanks, Nike.
@wyf+1sjC3mpl = Clueless but extremely competent in victimization.
Ok boomer!
It's funny how someone feel the need to brag about how he doesn't need to worry about life after been laid off. You bought a house 20 years ago, and you have money to safe up after your bills, that's all privilege.
Younger folks have to deal with student loans, skyrocketing rent, 7% mortgage rate, 2K per month per child childcare cost, we wish to have money left to save for the rainy days.
Imagine working for this guy who is so self-involved and oblivious of current reality.
Good for you you got a good deal, enjoy your early retirement, and whatever...
Love it when these old timers chime in when they have no clue what reality is like for the 20-30 year olds who are just staring their careers.
Good luck with the dog walking, grandpa
@gvl+1sjC3mpl Such a humble brag with
Little to no sense of the market or what it has been like for younger generations to try and get ahead
Not privileged at all. Just saved up. living on one income while my wife worked as a nurse part time, and we had 3 kids to feed. I still drive a 10-year-old car, and live in a home I bought 20 years ago and paid off by being frugal. Just pointing out no point in hating a company that gave me a good living for 15 years. Agreed, It is a tough market and getting worse. Sad for anyone including me that lost your job. Mom always said to plan for a rainy day. Good luck to all who have faith.
Good for you. Not all of us were there long enough to have a cushy severance package. I have 8 weeks to find a new job or I’m going to have to find somewhere else to live. Unemployment payments will barely cover my rent.
This is coming from such a privileged point of view where it seems you are financially stable enough to not have to get another corporate job. Not all of us are that flush or well off, and this really isn’t the market to lose a job in.
So many places besides the US have employee protections for these situations. No one is asking for a handout from mom, they are asking to be treated fairly and leaders to take accountability - Eg, in salary before letting employees go.