Deep in the threads here was a discussion about the Oregon WARN list and Nike’s obligation to give a 60 day notice of layoffs for those affecting 500 or more people. I checked this morning and I was not able to find such a notice. Is it possible the reduction will be outside of WHQ? There are plenty of other locations in the US or globally to reduce workforce that would not reach the 500 person threshold in Oregon.
15 replies (most recent on top)
From the last layoff, they keep you on payroll for 60 days plus you have your severance. The 60 days you are still ‘employed’ but you just don’t work (well, youcan’t because you won’t have your laptop). So, in effect, you’ve gotten your 60 day notice and they don’t have to submit anything to the Warn list. We likely will not see a warn notice until it’s all done.
The other strategy is to make work so unbearable that people quit. I know so many people who are quitting or are planning to in the coming weeks. Though there might be some announcements in regards to layoffs made I think it will circle around a strategy - restructure - give enough time for a weed out with a follow up of layoffs.
Post from TheLayoff.com
In addition to severance we were all given 60 days pay.
No idea why, but maybe yes. New bands, new tenure buckets
@2xpv+1r06HXzk Because of new pay bands maybe?
@2lzr+1r06HXzk Severance rules were redone on sept 2023, fyi so prior layoffs won’t have any insight to the new severance tiers
@1fbo, when you were laid off, did they give you the expected severance for your seniority and level IN ADDITION to the 60 days? Or was the 60 days deducted from the number of weeks of severance?
Per CNN, "If a company lays you off abruptly, it may be found to have complied with the WARN Act so long as the effective date of your layoff is at least 60 days after the day you got notice that you’re being let go, said employment attorney Alex Granovsky, cofounder of the New York-based law firm Granovsky & Sundaresh."
I can verify that this is what Nike does, I was part of the large layoffs at WHQ during the pandemic. They will let go, but continue to pay you for 60 days so technically they adhere to the WARN Act.
I’m so tired of hearing about the warn list. They announced it, in the press, the layoffs are coming. The warn will go up day off and if they give you 60 days notice they don’t have to file it. End of story. And no, severance is not required as part of WARN.
It’s called the WARN Act-
https://www.dol.gov/agencies/eta/layoffs/warn
They don’t need warn list as those laid off stay on the payroll for 60 days. The warn drops once the layoffs start. It does no good to look for one. By the time it drops you will be gone.
Per CNN,
"If a company lays you off abruptly, it may be found to have complied with the WARN Act so long as the effective date of your layoff is at least 60 days after the day you got notice that you’re being let go, said employment attorney Alex Granovsky, cofounder of the New York-based law firm Granovsky & Sundaresh."
What this means is the 60 days of of pay you get, is the 60 days notice. You may or may not receive addition severance.
The fact is you’re much more likely to NOT be laid off at WHQ.
Assume 450 MM for severance this next round. Using 2020 numbers of 200 MM set aside for 700 employees. You get an estimate of about 1575 employees this next round. Assuming all the restructuring costs will be for WHQ employees. WQH has about what 11k people give or take. You’re about 15% ( a little less) of the workforce. Or about a 3/20 chance of being laid off for the worst case scenario of all the restructuring happening to just WHQ. Those chances go down for every expensive vp, other location, or cost that is incurred (lease termination, office closures).
So basically keep your head up. Enjoy the weekend, sunshine, and look forward to a beautiful spring. See you around the office.
Didn’t we hear from recent layoffs that end date is 2 months away but you wont have any access and gets paid for those 2 months on top off severance package.
If that is true then its possible OREGON warn list will be updated sometime this month.
After weeks of stressing about this so much this realization helped me be a lot more optimistic. If you think about how big globally we are. A bit from all the offices in atl, nyc, batc, emea, ptc, itc, cn, whq, etc. Add in some vp golden parachutes and million dollar stock payouts and you get to 450 million pretty quick.