Thread regarding Nike Inc. layoffs

Severance Package?

Anyone care to share what the package was?

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Post ID: @OP+1r8sZXhq

20 replies (most recent on top)

@1eac+1r8sZXhq I thought after 5 years service you get lifetime discount.

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Post ID: @1eju+1r8sZXhq

1 month pay for every year of service.

used to be you got to keep your swoosh account but they stopped that last year, no more employee discount

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Post ID: @1eac+1r8sZXhq

As long as the H1Bs don't get a fu--ing dime we are good...just send them back to their home

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Post ID: @1jcm+1r8sZXhq

@1mfj+1r8sZXhq - I’m not super tech savvy, so I couldn’t speak to how you’d be identified based off of an anonymous post.. but after reading the legal portion of this websites privacy policy, I wouldn’t risk it.

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Post ID: @1kmr+1r8sZXhq

It’s different for everyone’s. It’s based on years of service and pay grade.
They’ll all stay on until May, get PSP, healthcare for 6 months, unemployment, and a severance dollars. I think if you’re 5 years in you keep your product discount too

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Post ID: @1wmk+1r8sZXhq

Comments here are anonymous. I don't know why the fear about mentioning the severance package. If I get laid off I will mention it for sure with details.

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Post ID: @1mfj+1r8sZXhq

Seven years and 4 months? Cheap ba----ds. F these guys.

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Post ID: @1ams+1r8sZXhq

I got a million dollars and a pair of shoes

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Post ID: @1sum+1r8sZXhq

@tsi+1r8sZXhq

A shoe dog book signed by JD might be valuable.
Immediately after the public a-s kicking PK should give JD

I remember the awkward JDI day fireside with JD and PK - Frosty!!!!

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Post ID: @1wgy+1r8sZXhq

As a grade 40, with 4-7 years of service, you are looking at 16 weeks severance. It goes up and down from there based on grade level and years of service.

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Post ID: @1vjf+1r8sZXhq

I got my belated service award and a Nike branded suitcase from that catalog.

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Post ID: @1oiz+1r8sZXhq

Read the FAQs on workvivo.

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Post ID: @pdo+1r8sZXhq

Heard 2 weeks per year until 10 years. Can someone confirm?

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Post ID: @kbu+1r8sZXhq

@tsi+1r8sZXhq Damn I was hoping for at least a carton

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Post ID: @nmc+1r8sZXhq

I got a pack of cigarettes, shoe dog signed by JD himself, and a box of shoe laces. I’m not sure if they’re going to come after me since I already smoked the pack of cigarettes.

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Post ID: @tsi+1r8sZXhq

Could someone share it in a non specific way? Like 2 weeks per tenure or what?
I do not think OP asked for any specific details that breaks NDA but just a general rule of thumb

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Post ID: @lkm+1r8sZXhq

Receiving severance requires you sign an NDA and don’t share what you received. Doing so would risk your severance even after it’s received they can revoke it

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Post ID: @thy+1r8sZXhq

Usually bound by NDA

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Post ID: @ihs+1r8sZXhq

A grab bag of stuff from the van

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Post ID: @hbl+1r8sZXhq

Pair of sneakers and socks

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Post ID: @jyc+1r8sZXhq

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