Thread regarding Nike Inc. layoffs

Layoff buyout?

I know that Nike has previously offered generous packages for people that volunteered to be laid off. Any chance of that happening this time around?

by
| 3632 views | | 12 replies (last ) | Reply
Post ID: @OP+1pth6M1V

12 replies (most recent on top)

nike keeps laid off people on payroll for 60 days from the conversation date and then files the warn if needed at the 60 day mark we also do a lot of analysis and shady tactics to avoid warn all together. We are generous though not as generous as we use to be because MMs previous BFF SVP of TR fudged up the math back in the 2020 layoffs so those didn’t go as deep as they were planned and she also derailed a year of planning. hr here is full of drama and I love it to pieces

by
| | Reply
Post ID: @3qof+1pth6M1V

Literally just go to Oregon’s WARN site and search for Nike. You’ll see there were notices in 2020 (1200 people), 2017 (745), and two in 2009 (517 total).

by
| | Reply
Post ID: @3xim+1pth6M1V

To @3qcl point, Nike typically plays under the 500. It also saves the company a lot of paper work.

The only time I've seen the WARN was in 2017 and that layoff was brutal

by
| | Reply
Post ID: @3eoi+1pth6M1V

Lol people on this site are wild and just making up data and “facts”. @wmz it was 500 in 2020 the CDA cuts, not even close to 1200, look it up. That is a real fact, but I guess throwing out 1200 makes the story seem more fun online.

by
| | Reply
Post ID: @3udh+1pth6M1V

Everyone talks about WARN but every large number layoff I have seen at Nike is announced by Nike and the WARN notice shows up afterwards. Otherwise the layoffs are small enough that a WARN notice is not triggered.

by
| | Reply
Post ID: @3qcl+1pth6M1V

WARN notices are only required if the company isn’t giving an equivalent severance package.

2 month WARN notice = 2 months severance minimum

No idea how the notice works for remote workers. Nike probably only hires 10 people in Iowa.

by
| | Reply
Post ID: @1cgv+1pth6M1V

I do not know of Nike ever taking volunteers to be laid off. I had a coworker who wanted to be laid off in 2009 and 2017 and asked about volunteering and was told that layoffs aren’t about cost cutting but about reorganization (no I don’t believe it either).

by
| | Reply
Post ID: @nen+1pth6M1V

There are no WARN notices on the Oregon Warn website of pending layoffs at Nike. Since some are ETWs being let go there and they are not Nike employees, they probably don't have to report those numbers.

by
| | Reply
Post ID: @hqu+1pth6M1V

It happened back in 2020 when 1200 employees were laid off.

by
| | Reply
Post ID: @wmz+1pth6M1V

There will be decent severance.

by
| | Reply
Post ID: @vig+1pth6M1V

That sounds like an urban legend. We’ll be lucky if we get severance.

by
| | Reply
Post ID: @hqr+1pth6M1V

When was that? I haven’t heard that in at least 10 years

by
| | Reply
Post ID: @zgj+1pth6M1V

Post a reply

: