Thread regarding Nike Inc. layoffs

Invites went out

folks having invites popping up - sent around 7am. VP and HR.

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| 7624 views | | 47 replies (last February 20, 2024) | Reply
Post ID: @OP+1r9txxic

47 replies (most recent on top)

@xxic, a few clarifying questions?:
On the payroll until May 3rd. Check.
Roughly 3 weeks per year of service. Does it matter grade or years of service?
PTO paid out but treated like a bonus for tax purposes. Is this immediately, or does it accrue and/or get paid out after May 3?
6 months of Cobra benefits paid by Nike. Starting now or after May 3?
6 months of job placement services. Starting now or after May 3?

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Post ID: @1kez+1r9txxic

I saw a lot of individual contributors fall today from GPS.

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Post ID: @1qbo+1r9txxic

HJ let go after rolling out Workday. Classic.

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Post ID: @1yro+1r9txxic

What grade?

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Post ID: @msg+1r9txxic

HJ was gone on friday itself. I saw her slack deactivated on Friday.

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Post ID: @kxv+1r9txxic

On the payroll until May 3rd. Roughly 3 weeks per year of service. PTO paid out but treated like a bonus for tax purposes. 6 months of Cobra benefits paid by Nike. 6 months of job placement services.

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Post ID: @erf+1r9txxic

@pib - your role or function ?

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Post ID: @xdv+1r9txxic

@pib - sorry for job loss..How are the benefits provided?How many months salary + other benefits ? Are they including any allowance or bonus? Good luck for future

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Post ID: @mzq+1r9txxic

My layoff call was scheduled for 30m. VP owned the invite, 1 HR person included. Got about 2h headsup. Call didnt last long. Subject was something about "Org Change Discussion" nothing in the body. Lost access to systems like 10m after. VP reads of script, while HR person looks at you empathically. You thank them for their leadership and move on.

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Post ID: @pib+1r9txxic

thanks @gvt+1r9txxic... didn't want to 'like' your post that you'd been laid off. Very sorry... wish you well going forward.

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Post ID: @mil+1r9txxic

IC- individual contributor

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Post ID: @ref+1r9txxic

InContinence

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Post ID: @jjv+1r9txxic

What does "IC" stand for?

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Post ID: @loc+1r9txxic

@gvt+1r9txxic

I was laid off today as an IC

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Post ID: @fuu+1r9txxic

VP, Corporate Functions and Converse Tech

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Post ID: @tws+1r9txxic

HJ is a VP in tech leading Corporate Functions and Converse. It's just another example of duplicate functionality inside Tech as the rest of the company. I'm sure that team does necessary tech related work, but you don't need a VP and a bunch of dir/sr.dir leading that work.

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Post ID: @dnt+1r9txxic

@gvt+1r9txxic I've had one fellow IC reach out to me today sharing the news they were laid off

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Post ID: @ftd+1r9txxic

What are you guys even talking about – who is this HJ person? Most of the corporate functions (legal, GPS, finance, tech, etc.) report into MF, AM, CW, MD or JD himself – who is HJ??? Or is this another case of our Global Tech friends figuring out the hard way Nike is bigger than just tech?

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Post ID: @wfn+1r9txxic

grapevine @qei+1r9txxic... but if you look her up in Slack you'll see she's deactivated. But agree, I was shocked... she just moved over to the US last summer :(

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Post ID: @msn+1r9txxic

Seriously never thought HJ will be out considering all corporate functions roll up to them. Anyways, how do you all know.

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Post ID: @qei+1r9txxic

Any individual contributors so far today? Or are they still working on directors and up? I can't imagine they'd waste a VP's time on a peon like me. I'm assuming my invite will be from my Sr Director...?

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Post ID: @gvt+1r9txxic

Because if you're an employee that works with that team you know what it stands for.

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Post ID: @exp+1r9txxic

CF&C = ?

This is all anonymous, why is everyone talking in code?

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Post ID: @atx+1r9txxic

CF&C vp gone.

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Post ID: @kbp+1r9txxic

Truly sorry @wvh+1r9txxic... best of luck going forward. Truly SAD if Nike doesn't care about its impact to the environment / climate anymore.

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Post ID: @syy+1r9txxic

I was laid off - focused on sustainability. My role was no where near duplicative. Highly successful for all the years I’ve been there. Clearly the company has other priorities…..

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Post ID: @wvh+1r9txxic

@yhn+1r9txxic What's your team? Who is your leader? When is your call? Can you please share something?

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Post ID: @ijw+1r9txxic

@ven+1r9txxic

While you're correct, I don't know that I'd expect any concrete info until end of Q4 based on how they're communicating this stuff. Even if your team has some layoffs and you're 'safe', your team may be split apart due to restructuring. There's so much duplication at Nike it's almost impressive.

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Post ID: @vao+1r9txxic

This round it’s all schedule to be 30 mins but the call take less than 15 mins

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Post ID: @yxh+1r9txxic

In the last restructure individual impacts occurred the day prior or in the morning and at the end of the day the remaining non-impacted employees had a meeting with the VP stating leadership changes and that the layoffs were complete on the team. Not sure if this is the case but just some insight on what has happened previously.

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Post ID: @ven+1r9txxic

consumer insights, NA geo

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Post ID: @aki+1r9txxic

@yhn+1r9txxic what is NA CI?

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Post ID: @jly+1r9txxic

Are they pushing them out of you’re on PTO? Dropping in the middle of the week?

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Post ID: @ufs+1r9txxic

They need to transition between meetings and prepare. Block is 30 but content is half.

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Post ID: @akm+1r9txxic

Let’s be real, people. Surely the VP and HR just wants a friendly chat to check on your well being, 30 mins or not

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Post ID: @zya+1r9txxic

I'm @qtb+1r9txxic. Mine's also 30-min

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Post ID: @uot+1r9txxic

@bgq+1r9txxic Could 30 min meetings be for a big lay off call? Like 15 mins for individual makes sense. But for a larger one maybe they need more time? My first time going through this at Nike so have no idea if they have larger group lay offs with lots of people on a call. Hard to think they could get through 1600 lay offs by setting up 15 min time slots with everyone.

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Post ID: @yvg+1r9txxic

No way a layoff is 30 mins. Mine was 15 and only took 8

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Post ID: @yzx+1r9txxic

@yhn+1r9txxic. 30-minute is intriguing. Layoff calls are 15.

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Post ID: @bgq+1r9txxic

Around 7:45a I received a 30-min invite with VP and HR for this afternoon.

I’m a Grade 40 in NA CI

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Post ID: @yhn+1r9txxic

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