Well, guess we’ll see how this whole layoff thing goes. I finally start working for the big swoosh, and they pull this. 🤦♂️
Will this be mainly tech based layoffs, or spread across all departments?
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It’s an annual thing you should get used to. I recommend stress eating or drinking.
Brand Marketing is listed as a priority investment in the email…
Word is merch team will be gutted.
Should have never carved that part off the product managers role in the first place. Just another in a long line of ridiculous handoffs that create calendar gridlock and longer e2e timelines
@OP I'm sorry this caught you off guard. Unfortunately, Nike seems to view layoffs as a management tool, as demonstrated by at least 8 layoffs in tech in the last 10 years. GT also did rolling layoffs for a while, keeping numbers below the reporting threshold. Leadership has no idea what they are doing. Unless this layoff eliminates the vast majority of VPs and SDs, the layoffs will continue annually, at least. If you want to survive, learn how to play the game -- kiss you boss's a-s, and never, under any circumstances, ask tough questions or god forbid point out the consequences of certain decisions they made. The game is about being agreeable, not about delivering value.
Baby’s first re-org. Many more to follow!
GT will continue to get outsourced to ITC. Leaders don't see a need for big IT investment for next couple of years. In a way it's good that leaders are explicit about layoffs. Everyone has 3-4 months heads up now before the sh-t hits us. Make use of this time !
This is definitely hitting business. Jordan is a going to take a similar hit as tech got, and the geo teams at WHQ are another one.
It’s going to be Jordan and marketing. Look up what Denton cuts. Ask ai. Jordan has failed and marketing is bloated and not working given the stock price. Plus everyone else too but not as hard.
Tech just went through a 1/4 reduction in May. The pattern has been tech then biz then repeat. Most expect this next round will be biz heavy while the clown show figures out their offshoring scheme.
Anyone telling you otherwise is self talking, same as anyone who doesn't see an axe down the road for GT.
This is a find out moment for everyone while our "leaders" strap on their golden parachutes and play musical chairs once again.
Sounds like Admin will be heavily impacted and outsourced. Admin considered (HR, Finance, Technology, Supply Chain Ops, and likely WD+C). Product, Marketing will get the investment from the outsourcing or relocation of the roles.
If you latter, you’re likely “safer” than admin related jobs.
All departments, and usually first in first out so, good luck to you! I’d keep moving and hope you didn’t relo for this.
Also not sure what you mean by “then they pull this”. Nike has been laying people off quarterly since mid 2023 and stock is at an all time low