Nike announced that decisions about impacted roles will begin in calendar year 2027 and beyond. Based on how Nike and other large companies have historically handled layoffs, when do you think Nike is most likely to start notifying employees in 2027? I doubt they would do it on the first working day after New Year's. Would the second or third week of January be more realistic?
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Why wait. It should start the first day back from the holiday break. Monday, January 4 2027.
Happy Nee Year!
@ax JD layoff started in June and had another round in December where they cut 12% of NxT. Only when press picked that up did they announce the plan to try and mitigate rumors and own the narrative.
The JD layoff was announced during Q2 earnings end of Dec 2020.
Layoffs were April 2021.
So, likely mid January 2027 this round
@ab the announcement said 300m severance realized in fiscal 2026, an additional 300 in FY 27. We are already in FY27. But then the email says calendar year 2027 so I’m def confused
1 month prior to quarter results -which is Jan ending is the likely guess
anyone who has been around knows this timeline is code for "we don't have a strategy or a plan but we need to tell the shareholders something is coming so let's say layoffs and give it a sports name like PACE since that's the only thing we've figured out how to do in the last five to ten years"
same story different year. JD dragged the company through the mud for about 9 months with his first one
they don't know as much as you don't know. just prepare yourself and check out like they deserve
Didn’t they lay off a bunch of people around Christmas time when JD was running the show? If you think they care about axing people during the holidays then you need to rewatch National Lampoons Christmas Vacation
On Friday, January 8th, we will get the WFH email.
@a3 started? Why would they say 2027, then?
It’s already started
most likley jan25th
@OP at this point it would not surprise me if they let people go before the holidays. They don’t care about us, that stopped a long time ago.