How long do you want to continue working here Even after knowing this Company doesn’t care about employees and knowing fact that you can be laid out in next rounds in FY25 or over the years as they are planning to save 2B$ in next 3 years?!!!
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@1qof+1r87Hmxw @1xbv+1r87Hmxw I was also laid off shortly after turning 50. Took me close to a year to get my new opportunity at a pretty big pay cut (35%). I wouldn't start a new business because frankly, I am risk-averse, don't have a good idea for a product, and I am an introvert. I also have 2 kids and a spouse in non-profit. These are not winning qualities to strike it out on my own.
This is not to discourage you. If you go for it, best of luck to you.
Wellness Week is nice but I would rather have sick time. It’s absurd that we don’t have it.
Nike wellness week looks good but in reality they don’t give you sick leave. You have to use PTO. Other companies give 2-3 wellness day instead of wellness week. With sick leave and wellness day you have to option to choose your sickness or wellness. So it really depends how HR market these benefits
Many big companies operate like this. Don’t think they don’t. A true growth company may not.
@1xbv+1r87Hmxw wonderful response to my comment. I am the one who mentioned I do not want to be 60 and writing cover letter. I am at Nike and I got a job offer that needs relocation but also have the opportunity to start my own small business here. Would you say the second is a better idea? Honestly I am not near 40s yet but I am so sick of this relocations that comes with every professional job... Would you started your business of some sort if you go back and you had a chance?
@awg, 60? Try 50.
I got laid off from Nike in 2019. Three weeks after my 50th birthday. Even with a stellar resume and highly polished interview skills it took me 11 months to find another job. I nailed interview after interview only to be denied an offer.
After each denial I sent an email like this: “I understand, and I appreciate you considering my application. May I ask for five minutes of your time on the phone to learn what aspects of my interview you believe I can improve, and what would better qualify me for this opportunity in the future?”
Most companies agreed to speak with me. Almost all of those conversations were SUPER awkward because they spent the entire time telling me what a great candidate I was and clearly didn’t want to get to the heart of matters and tell me why I wasn’t selected. After two or three of those calls you start to “get it”. They obviously aren’t going to tell you that your age was the issue, but with only one exception none of those companies could or would give me a concrete reason that I wasn’t selected.
I wasn’t being paranoid, self-conscious, or a ‘victim’ either. It’s difficult to describe but when you know, you know.
Ageism is one of the last very common, “allowable” forms of discrimination, and it’s nearly impossible to prove when it happens. Many companies associate older workers with higher salaries, higher healthcare costs, being unlikely to stick around long, and the incredibly bone-headed belief that older workers are stuck in their ways, not tech-savvy, untrainable, “not a good cultural fit”, etc. It was a shame because at 50 I was actually at the top of my professional game. Nothing more frustrating than to know how good and capable you are, only to discover many companies don’t want you.
BTW I’m certain some younger people are reading this and may not care. I say that because when I was younger, in complete honesty, I wouldn’t have cared much either. But God willing you’ll be “the old guy/gal” some day. When that time comes this will make a lot more sense to you. Although I hope you DON’T ever find yourself involuntarily looking for a job past 50.
@mgv you’re out of touch if you think a 5% dollar-for-dollar 401(k) match is substandard. I’ve been looking at other jobs in the area and have yet to find even a single company, aside from Intel, that offers that or an equivalent. Most offer 3% to 4% or a 50% match up to 6% to 8%. But don’t take my word for it. Google “largest employers in Portland” and go check out their 401(k) programs. Then come back and tell us specifically who has a better plan.
I’m a former Nike employee. You often don’t realize how good Nike’s benefits are until you go somewhere else and discover that what you thought was “just the norm” at Nike isn’t at all the norm at most other places. Still haven’t heard of any other local company that gives you an extra week off in August for “mental health”.
Nike has become the company I left to join Nike. They are all the same.
I can empathize with the spirit, but let's be real: unless you go into government work or something there's no guarantee anywhere of a job at 60. This is pure textbook late-stage capitalism and I hope people can start to see it for what it is.
I have started looking since November and I see there are a few opportunities in the pipeline. My issue with staying is that even if I survive this, there may be future re organizations and layoffs in the next 1 or 2 years. I do not want to live and work under constant fear. Sure other corps have restructure but not every 2 years or so at this scale.
My second issue is that I witness a few Sr dir and IC who have been here long and have worked their way up got canned. So I do not exactly see any career path and I do not want to seek work and write cover letter when I am 60! So yeah of anything pops up I am out ASAP
Why do people think a multi national corporation (pick one) cares about them? I thought everyone knows that is just feel good lip service. Kool Aid on a hot day.
Feels like the hunger games
I’d stay but I’d do the bare minimum.
Work at nike is easy and they pamper you in terms of work load’
Salary is lower than I can get in Cali and the east coast but it’s a trade off.
Work your a-s off for 130% salary or take it easy and have so much free time.
In all honesty, I’ve been coasting for a few years now. Where is the accountability and the loop feedback.
Regardless of yearly merit classification which was always the top two, I got the exact same raise
Like office space “well Bob it’s all about motivation……”
Just way too many layers……
I’m one of those “young hungry” people you mentioned. Other companies in the area pay more with similar benefits. I joined Nike because I thought it would be an easy place to advance. It has a reputation for being a sh_tshow of underqualified executives and I thought it would be easy for me to outperform my peers and move up the ladder. Unfortunately even though that is true it’s impossible to get promoted around here because even VPs dont have much direct control over their departments and headcount. I’ll be out as soon as I get an offer that beats my current salary. I’m aggressively searching.
As if there are no Layoffs at other companies? Crybabies everywhere.
@bid+1r87Hmxw I am one of those young hungry motivated people who was hires by Nike recently. I do not care about a bloated 401k ( which by the way 5% match is not much. I have seen 6% and 10%). Anyway, my generation prefer mental health over a bloated 401K that I do not even know I live long enough to use! Fu-k off please
Hard to stay positive after this, clearly the company cares nothing for our mental well being. The long drawn out process here is cruel, like leaving a wounded animal to suffer. For all JD’s BS about us being “Teammates” you don’t let team mates suffer like this. For me this is drawing up a lot of deep seeded issues that I just don’t want to deal with anymore.
For everyone who wants to leave there are a hundreds of hungry, young, motivated candidates waiting to work here. Nike has been around for 50 years. This is a small blip. Sure once you’re comfortable, overpaid, and have a bloated 401k you won’t be receptive to change.
For many, Nike is still very very much a dream company to work for. Even if some who currently work has have had enough.
After the layoffs, those remaining will be shuffled. There will be chaos and turmoil.
I'm out either way.
1 year max
I will leave within the next 6 months.
Here at Nike for 10 years, I will be out ASAP. I don't want to stay with this POS company anymore. I am even willing to take a pay cut. Fu-k Nike!!!
I currently like my leaders and general like what I’m doing. Outside of that, nothing is really tying me to stay at Nike.
I’d say if they change one of the two, I’m probably out.
Till i Find better opportunity or Pay or maximum for a year! No plans to stay here for long term knowing no safe future!