I need a Certified Financial Planner. I was informed yesterday my role was being descoped from SR Director to Director with a corresponding pay cut due to reorg and downsizing, and I would be reporting to a former peer I do not get along with. Or... — read more
Got my "Org Transformation Touchbase" invite for 8am
Hoping that "touchbase" wording implies future ongoing communications.
Folks on PTO this week
Lot of folks on PTO this week. Is avoiding a conversation a way to avoid being laid off?
Introduced FTO to save money?
Was FTO introduced to save money with cash encashment of allocated or unused PTO as they anticipated more layoff in future? We cannot encash FTO?
Chief Procurement Officer
One minute she was on LinkedIn offering solace to the laid off, next minute she was deactivated on slack and is now, I assume, laid off herself. Blindsided and reporting directly to the CFO?
Productivity
What’s the un calculated cost to productivity of dragging out this process? The amount of time, energy, stress, anxiety, fear, panic diverted from working is staggering. It’s all everyone is thinking and talking about. No one is thinking “hey how can... — read more
Any idea on what departments are targeted in May?
Any info who will be hit in May? Are they visiting those are already affected in November-December?
Reason Phase 2 is so long/far away: They don't know who yet
New lists will now get assembled of the lower levels in the new formation. Once finalized, then HR, legal, benefits, etc... begin their 1 to 2 month slog through clearing everything and preparing packages ... all over again. THAT is why those who... — read more
Exit early
If I find a new job sooner than the two-month extended period on the payroll, can I exist early and still retain the severance package?
Regions impacted?
Anyone aware of regions that are impacted till now, At least in my org it seems like it’s restricted to one geo only.
ES
Suddenly all those friends and family passes they couldn’t stop shelling out make even more sense. Had you handing them out to get people to shop just before they did layoffs. Had to get their last couple of bucks of whoever they could.
No Zoom Fridays
Means no cuts tomorrow right?? Just sayin..
Severance details?
Does anyone know the structure of the packages and the criteria that they’re using to calculate them?
Nepotism
the ugly word no one likes to say out loud at Nike, lol. Worked at a few corporate HQ’s and have yet to encounter the amount of couples and various familial ties I’ve seen here. And that’s just the FTE’s. Even more out of control for ETWs where... — read more
We are heading to Friday, do the managers/directors have any info about ICs yet?
Since the week is almost over, did any managers/directors start getting info about which ICs are going to stay or get laid off? Or is it still a secret to you like Monday when we started the week
Tech ops still weak
Cannot believe EC and all his leadership are still going to be running tech ops. Disappointing…..
Product at Company store - no wonder
Went to the company store to try to cheer myself up and get something. What is AP doing. Nothing fits. It’s like they had one muse from NYC. 10+ colors of AJ1 and AF1. No wonder we are being called out for lack of innovation. Sorry to lose so many... — read more
DSM News
Has anyone heard anything about DSM?? DSM reorg was announced a long time ago but they keep dragging their feet on implementing. Not sure how this plays into current layoffs.
It was a bloodbath for my old group today!
I'm recently retired (used to work in what was called "nike.net"), but I found out that most of my old managers were let go, some really good people including some of the best managers I've ever had. Today was management's turn, the rumor from the... — read more
Human beings who actually create value can be damned
Nike has been suffering from the corporate illness that became pervasive over the past 15-20 years. Companies became just a money extraction service for those on top and in the name of shareholders, and they exist until there is nothing left... — read more
On what criteria?
On what criteria this is all happening?
Is it over ?
Is it over any idea ?
How large is GT, and who is the top leader in GT?
I have been seeing messages that GT is impacted, but my org is safe. I am wondering who owns GT at a leadership level. Just to learn if it even matters if GT is cutting jobs. Initially i was afraid that it has come to GT, but now it feels like GT is... — read more
If you manage the playlist for Nike campus buildings
Maybe take "Bad Day" out of the rotation for a while.
When was the last graceful exit?
Nike used to care about the employees and celebrate teammates as they left. With JD it’s like being arrested and sent to jail. No emotion, no thank you, just cut the access and send us your computer. PK would cry when he had to lay people off... — read more
Tips for volunteering?
A few folks have asked about this, but I would like to hear tips and advice from anyone who has successfully volunteered to be laid off. How and who to talk to? HRBP? If I don’t get the call this week I really want to volunteer. Honestly. If anyone... — read more
Bonus if laid off?
What happens to your bonus?
GT Techops layoff begins!
Lot of accounts got deactivated today and many many more to follow from techops! Going to be very hard for next two days for techops and GT!ood luck
More layoffs next week
A credible source just conveyed to me that layoffs will be continuing into next week and that they have barely just started with the bulk of them coming Monday and Tuesday. Also, Be prepared to remain remote next week as well.
Some thoughts about the state of the work
From a comment I posted in another thread: Obviously none of us have a crystal ball, but I personally don’t think an “acceptable” normal will be achieved for a while. (Completely my opinion) But as a company that focuses so much energy on the... — read more
Current state of things
It dawned on me this week that I had one manager from 2014-2020; with changes to my current org structure this week, I will now be on my 7th manager in the last 4 years. This is a sign of a company with absolutely zero clue that has completely lost... — read more
Will things ever go back to normal?
I know it'll not happen tomorrow or next week or even next month, but do you think we'll ever go back to the point where we'll be able to exclusively focus on our work and productivity instead of having to worry about the next reorg or the next... — read more
Wellness Week
Maybe, just maybe we’ll get 2 wellness weeks this year with all the sh*t they’ve put us through and continue to put us through. We’re over you, Nike. We’ve all had enough of you. You’re draining our mental health.
my apologies for being rude
Last night I realized that I have been mean to a lot of you here. I got carried away with strong opinions. Along the process I have used bad words which i dont usually use in my dictionary. Please consider this as an apology for using bad language... — read more
3 Reasons why you need not fear of Layoff
* Easier said than done * Being ‘let go’ at one company does NOT mean you can’t thrive at another. In fact, I think a vast majority of people find a renewed excitement and sense of purpose at their next company. So open your mind to that... — read more
Org Transformation Updates
I have received an email from our SD, and the subject says “org transformation update”. The invite doesn’t say anything specific. Am I impacted?
Product Layoffs
Any word on layoffs with the product teams? Haven’t heard much but, curious if they are coming for product??!
Are GT ICs going to be hit today
Can't sleep