Thread regarding Nike Inc. layoffs

Severance details?

Does anyone know the structure of the packages and the criteria that they’re using to calculate them?

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Post ID: @OP+1rdHU9aZ

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They will give you severance if you’re laid off. Also, receiving severance unfortunately requires an NDA on severance details so be aware sharing can risk your severance being revoked.

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Post ID: @hch+1rdHU9aZ

@axq+1rdHU9aZ God bless your soul and your heart. You are the first one who finally disclosed it.... Thank you.... I wish you the very best....As a single dad taking care of my 2 kids, I just needed to know how to square my finances.....

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Post ID: @qbu+1rdHU9aZ

I’ve been there 3 years and I got 12 weeks severance. Plus PTO

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Post ID: @axq+1rdHU9aZ

I don't see the problem with the question. I also would like to know how the severance is. If I am laid off tomorrow, I will post detail for sure.

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Post ID: @fvq+1rdHU9aZ

@nhc+1rdHU9aZ the fact that you followed up a response to being let go with an additional ask about severance is insane… how about you just wait until you get laid off to find out?

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Post ID: @qpm+1rdHU9aZ

@kna+1rdHU9aZ So sorry this happened to you.... Heartbreaking. Can you possibly through an equation? Like two weeks per year of service or 3 weeks/ year of service? Very very generic

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Post ID: @nhc+1rdHU9aZ

I was let go this afternoon and it's a combo of 1) Years of service (they round down), 2) Your band/grade level, and 3) Your salary. Not sure if one of the three of those weights more heavily than another?

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Post ID: @kna+1rdHU9aZ

We live in the future. The history of man is available to you in seconds. Remarkable.

Isn’t it great y'all?

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Post ID: @wwr+1rdHU9aZ

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