Thread regarding Nike Inc. layoffs

740

https://www.oregonlive.com/business/2024/04/nike-says-ongoing-layoffs-will-impact-740-in-oregon.html

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| 3363 views | | 16 replies (last April 19, 2024) | Reply
Post ID: @OP+1s7JrD2s

16 replies (most recent on top)

hmmm seems less than expected based on 2% or 1600. Technically / strategically a WARN can be filed at a later date if people impacted are still on payroll right?

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Post ID: @zxe+1s7JrD2s

@nqn I am surprised to. I thought the number would be larger.

Still stinks for those hundreds of people who will no longer have a job as of next week.

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Post ID: @ikh+1s7JrD2s

Is this 740 includes both phases or only second phase?

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Post ID: @zpt+1s7JrD2s
anyone have an idea of how many people actually work at WHQ?

Hopefully all of them.

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Post ID: @ynb+1s7JrD2s

Annual report, as of May 31, 2023: 11,400 at Beaverton WHQ.
(assumes that excludes Nike Employee Store and Air MI)

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Post ID: @ata+1s7JrD2s

anyone have an idea of how many people actually work at WHQ?

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Post ID: @wgz+1s7JrD2s

I'm surprised it's not more at WHQ. If the total target was ~1600 people, then it's slightly less than half in Oregon.

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Post ID: @nqn+1s7JrD2s

I don't think we ever determined how much of the original 500 were from WHQ, but for aguments sake, say it was half, or 250, that means 490 more people in WHQ to be affected. SO the total will be somewhere between 300-500 WHQ impacted

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Post ID: @kyd+1s7JrD2s

I assume there was no WARN notice last time because it was less than 500 people, but now those laid off in previous round need to be included in the WARN notice today because it exceeds 500 people. In either case, Nike is giving 60 days of being "on the books" and then additional severance on top of that.

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Post ID: @tsj+1s7JrD2s

Your 60 day non-working notice will factor into how much severance you will or won't get.

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Post ID: @myt+1s7JrD2s

If you read the WARN notice it’s dated to go into effect June 28th which is when they told us we would remain on payroll until.

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Post ID: @auf+1s7JrD2s

Oh a warn notice? so no severance packages? A warn notice was not filed last time. is this another layoff on top of the May?

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Post ID: @tbp+1s7JrD2s

https://stockanalysis.com/stocks/nke/employees/

Since 2017 NKE has added nearly 10K employees.

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Post ID: @uvg+1s7JrD2s

I was laid off by Nike a number of years ago. I am long gone, but check in here once in awhile as I still have friends there and I'm interested in how they are handling things these days.

Do they still pull this stuff:

Back when I was laid off I was told I could reapply for other positions after six months (that turned out to very much not be true across the board for those laid off)... then after about a year they had Kelly Services call me and ask me in an excited voice "wouldn't you like to come back in the same job we let you go from but with worse pay and benefits as a temp!" and I was like... Ummm NO. The Kelly recruiter was mystified I wasn't desperate to get back on campus working for them.

Anyway, good luck to all. I've told my kids - hey Nike is an OK place to work, just make sure you are using it to get things you want and ASSUME they have no loyalty or care about you. Be kind to others, do good work, but remember American Fortune 500 companies do not care about their humans - only shareholder dividends. You may have a cool boss or two, but always assume the axe is around the corner.

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Post ID: @khp+1s7JrD2s

Official WARN notice. https://ccwd.hecc.oregon.gov/Layoff/WARN/UploadIndex/8794

2017, 2020, 2023/24 - anyone else see a pattern here? Let the organizational chaos continue. Mark my words, in less than 6 months they will start another hiring frenzy. Have any of the layoffs resulted in better business performance? Have they actually reduced overhead? I bet the answer is no. Bad leadership across the board.

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Post ID: @osh+1s7JrD2s

Yup warn notice had been filed. A total of 740 people at whq between last round and this round.

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Post ID: @jzs+1s7JrD2s

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