I am interested in opinions of people who have been with Nike for a while and have experience that spans multiple recessions - what do you think?
7 replies (most recent on top)
You’re telling me not one of these people laid off wasn’t capable of doing the open roles (often on the same teams mind you?!)
Sure they were, but their salaries and tenures were too high. Tribal product knowledge be damned!
@2zgr+1vmbH71e it’s actually not. I’m a millennial with massively diverse experience that can be pivoted in multiple ways and I still haven’t landed something. Quite easy to build my resume to look specialized as it’s all in one area of the business.
Companies right now are playing it safe, going with internal or cutting roles before the recruiting is done.
Honestly I’m not sure if I’ll ever find a job let alone one that can support my family and make up for my lost savings and catch up for retirement.
The fact that Nike is hiring massively right now is absolute sh-t. Shame on them. You’re telling me not one of these people laid off wasn’t capable of doing the open roles (often on the same teams mind you?!)
Massive waste of money, and a defensive vs offensive move.
depends on your "expertise"
too many BS boomer organizational "guru"s encouraged people to "specialize in one thing and be very good at it" after the fordist era but this mentality is no longer cutting it.
It is all about transferable skills now but the sh---y HR departments ran by the same boomer gang never managed to grasp this.
There is a reason why the "engineering degree + MBA" is the goldilocks zone for CEOs and senior leaders. On theory it should give you the base of understanding complex & integrated systems and inputs and outputs while having good business acumen but at this age a degree is pointless. Your average joe can learn how to program in 3-4 months on youtube these days and listen to countless business lectures that provide more up to date information than going to harvard business school.
The world has moved on, corporations have not. That is why HR and recruiting is sh-t everywhere.
@1cwv+1vmbH71e You try going on a year of looking for a job after layoff, because that’s where I’m at. And no, it has nothing to do with not being willing to relocate / take a step down / pivot fields.
After a year of no employment or income, the conversation becomes different. It’s “what have you been doing this last year?” It’s them looking at you as if you aren’t good enough for them if you haven’t found a job yet.
I don’t know very many people who fully recover within a year or two. My family certainly won’t, even if I get a job tomorrow.
It can take awhile for people to find jobs in this market, especially if they are not willing or able to relocate or have very specific skills.
However, most recruiter and hiring managers realize that companies continuously go through re-orgs. (especially Nike) and that it has nothing to do with a person’s past performance or skill. Once you get a new job, I don’t think it’ll come back to haunt you in the future, especially if it’s within a year or so, but I’m interested to hear others thoughts who have been through it in the past.
Believe it or not, straight to jail.
Typically it takes years to recover, if at all. Since half of employers won’t touch you if you’ve been laid off, it can be break
90% of the people I know laid off in the last year from Nike are still looking for a job