Pretty stressful holiday celebrations in my family. I’ve been on this website multiple times when I wish I was able to wholeheartedly be with my family and enjoy time off coinciding with the winter power down. And yes, I could NOT check this site, but with it being in the news, it’s being brought up a lot. I am worried. My young kids are worried. This is something I only wanted to discuss with them if I had to.
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Well said @1avp+1qgnrfh8 … The best time to start preparing for a layoff is the second you joined corporate America, the second best time is NOW. Even if you get spared this go round, pursue financial independence doggedly. Trust me, once you are there the peace of mind is priceless. I’ve got no fu--s to give!!
@1avp+1qgnrfh8 Agree with everything you said but if my husband is going to have a plan B for his "relationship"...
I think most of you are stressing out too much.
First, 95% or more of you will NOT lose your jobs. In the betting world those are fantastic odds.
Second, worrying about things over which you have no control is a pointless endeavor. Seriously, what is worrying going to improve for you? It won’t improve anything. Mastering your emotions and how you react to potentially difficult life events is an underrated skill.
Third, someone below mentioned “having to think about a plan B”. You should ALWAYS have a plan b with your job, your finances, your relationships, etc. Because “life” happens. When “life” happens those who have thought about contingencies tend to fare better than those who haven’t. It’s really just “The Grasshopper and The Ant” stuff.
Forth, even though the vast majority of you won’t lose your jobs these events nonetheless serve the useful purpose of causing people to think about a lot of things. For example a lot of people are financially over-leveraged because they just HAD to live in the ‘right’ neighborhood or home to impress people they don’t care about anyway, or they just HAD to buy a new $70,000 car to show everyone that “keeping up with the Jones’” was a priority for them. This tendency is especially prominent at companies like Nike where materialism, trendiness, perceived ‘coolness’ and keeping up appearances form the entire basis of the company’s existence and thus a good portion of the mentality within the employee base. Who has NOT sat in a meeting where some vacuous blowhard started talking about their vacation home, their new expensive car, their glamorous vacation plans or - my personal favorite - their glitzy wedding plans? In some ways Nike represents the worst aspects of a consumption and appearance-based society and this is difficult to not notice when you work there.
The point being, if the loss of a six-figure salary is going to significantly cause financial distress in your life, or the loss of a job at one particular company is going to adversely impact your ego or perception of self-worth, that itself is worth some pondering about how you arrived in that position and why.
There is life after and outside Nike. I would know because I voluntarily quit a few years ago. For the first time in a long time I started honestly asking myself “Why do you work here and are you capable of doing work that has more redeeming social value and will better allow you to look at yourself in the mirror every morning?” After I stopped lying to myself about what an awesome place Nike was, I quit.
These days you couldn’t pay me enough to go back. When you leave Nike a funny thing happens. It quickly dawns on you how unimportant the place really is, and how much time and effort you devoted to and how seriously you took…selling expensive shoes and apparel.
So relax. Most of you will keep your jobs. But a few of you will be lucky enough to be forced to reevaluate what you do for a living and why. Instead of worrying it seems to me that there’s a lot of potential good here.
The timing was awful. Not fun having to think about a plan B of what to do in case the ax falls and where I am wiling to relocate over the holidays. Plus it tanked the stock. It shows Wall Street it’s worse than they thought.
It ruined our holidays too. I should be enjoying time with my daughters but instead I’m stressed and looking at finances. It just shows the monster we all knew we were working for. When all is said and done I will not support the brand in any way. They employ a lot of people in Portland but they cannot repeatedly treat us like sh-t. They need to learn a lesson.
I wish I could like this thread hundred times! Our household has been exactly the same! Not sure what constructive purpose did it serve to send a tone deaf email just days before the start of Holiday? What was the goal? WhT purpose did it serve?
It's absolutely on purpose. Cheaper to make people quit than do layoff procedure, so tank morale by going full Scrooge.
Let's be honest, this is a great time to consider leaving Nike, by choice or not. Our rulers have repeatedly laid bare just how little they care about their workforce and demonstrated that preached virtues are entirely bankrupt. Thanks to this go-around's scrooge like timing the news is reaching far and wide, meanwhile we continue to hemorrhage our most critical asset, our people, and have low prospective to entice outside talent to join as they know well how they'll be treated by the swoosh.
None of this is going to improve. JD and his cronies are so plainly focused on personal riches they seem to have given up thinking more than a step ahead unless its on a wish from Wall Street. Might as well have coined our next strategy Corporate Direct Mediocrity.
They should have tried tried to avoid announcing this right before the holidays. They don't give a sh*t about you.
Ditto thanks JD for ruining the holidays with constant questions asked about my companies layoffs, if I’m secure, etc. it was a real downer