Thread regarding Nike Inc. layoffs

There are no jobs

I’ve been looking since November. Applied to over 200 roles, reached out to endless contacts, informational, networking, all of it. Open to move. Experience across multiple well know brands, locations, etc. not in tech.

What the he-l? I am worried my role will be eliminated and I won’t even have a head start. My friends who were laid off in June, November and December are all still looking.

How is this possible with unemployment numbers so low?

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| 2061 views | | 12 replies (last March 9, 2024) | Reply
Post ID: @OP+1rp16AsN

12 replies (most recent on top)

Pick up the phone, call your network. Meet people in person who have connections to places you want to work. Write a tailored cover letter for every job you apply for. Job search is a full time job, if you are not treating it as such it comes across in the hiring process and hiring managers will assume the half assed nature is how you will do the job.

Nike is viewed as a joke of an employer in Oregon. If you are hanging your hat on the swoosh to get your next job you have to look to other markets/states for that to happen.

We all need to face the current reality...and hear things that are not all unicorn a & roses.

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Post ID: @3wdu+1rp16AsN

A lot depends on your field (graphics design, software engineering, management), etc - when folks say "they say unemployment is low, but I can't find a job" without that context it's meaningless. Statistics are for populations and don't apply to individuals.

It doesn't matter how low the unemployment rate is if _you_ can't find work, but that doesn't mean the government stopped counting people.

FYI, I'm not unsympathetic - I got laid off in a previous job in aerospace, and when I filed for unemployment was told my field had zero demand in this country - unless I wanted to move abroad I was sc--wed (and they waived the 3 interviews a week requirement). Because unemployment in general was low, my benefits su-ked.

I had to get a second degree before I found employment in a much more vigorous field (software), and that kept me employed for another 30 years until I retired from Nike.

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Post ID: @1xiy+1rp16AsN

Your time at Nike may very well be viewed as a negative. We’re nearing 50% of our all time high, with a brand struggling to grow single digit… in a marketplace growing double digits. All while working for what had at one time been a brand that really meant something.

So, find a way to differentiate yourself… without too much association of your ability to that of Nike. It is tough out there. I have triple digit applications in, and averaging a 1-3% call/response rate. My resume, education, experience, and expectations are quite reasonable. Willing to relo, would accept a position 1-2 levels lower, and would take ~30% less pay.

For those that survived this layoff… if you’re going to stay at Nike. Know that you’re signing up for a stay-and-pray strategy. We’re all going to be back on here in 24-36 months, with another round of layoffs. If you can get out… why not?

Each of our situations are different. I’ve discussed mine with recruiters, HR, professional resume reviewers / coaches… and the recurring theme is that swoosh is becoming tarnished. In looking at our business performance relative to the competition, it’s understandable.

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Post ID: @1str+1rp16AsN

Perhaps it is not as bountiful but there are jobs out there. Several colleagues have left to on - hoka - lulu just in the last couple months. It just depends on your band level and sector. Companies want to scoop up Nike employees and benefit from their amazing experience

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Post ID: @1asc+1rp16AsN

Noticing the exact same thing. Was not long ago recruiters were contacting me directly about open opportunities. Now I am barely getting any response to applications

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Post ID: @uxv+1rp16AsN

So what I've read is (root cause) a few reasons:

  1. Unemployment is low but many people aren't properly counted. The way they tally unemployment is off and not always a true representation.
  1. If you strip out health care, education, leisure and hospitality, there's been job loss in the private sector.
  1. Recruiters are spammed with AI-Driven auto apply tools so makes it hard to sort through the noise to find good candidates and tend to look for any reason to dismiss you.
  1. Recession fears: Companies are not hiring/ hiring freezes. No NEW jobs, no one moving jobs, and no one moving up means open roles are at an all time low.

it's tough out there. Whoever is posting they got a new job in 5 weeks isn't sharing the entire picture (eg, salary / standard of living cut, early in career, willing to pivot to something like government, less $, startup/less stability, etc).

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Post ID: @uqy+1rp16AsN

The people in the comments who either having been actively applying for jobs or supposedly got lucky and received an offer after 5 weeks, just because your experience is different doesn’t mean the job market isn’t the toughest it’s been in years. OP isn’t alone. This has been most people’s experience in the past year. Recruiters have confirmed a lack of open roles, companies are doing layoffs and hiring freezes, ceos are coming out saying they’re doing all of this in preparation for a recession. Look past your own experience and understand that it doesn’t make it factual. The job market is bad.

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Post ID: @gai+1rp16AsN

@onx+1rp16AsN what band? are you taking a salary drop or cost of living increase?

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Post ID: @viw+1rp16AsN

@qmb+1rp16AsN Literally said open to relocate above. 15 years experience. Director level.

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Post ID: @yll+1rp16AsN

Portland is barely a city. You’ve gotta be willing to relocate.

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Post ID: @qmb+1rp16AsN

All depends on your experience and how specialized you are.
Also depends on flexibility of salary and location.
From 1st reach out to offer took 5 weeks.

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Post ID: @onx+1rp16AsN

"How is this possible with unemployment numbers so low?"

True that. Somebody's playing with the numbers or massaging them

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Post ID: @vvw+1rp16AsN

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