Thread regarding Nike Inc. layoffs

100 VPs Promptly Laid off by Nike (July 2020)

According to a Sr. Director source, the number of Vice Presidents let go in the last two days is now estimated to be around one hundred!!

1/4 of all company VP's dispatched within two days.

Lots of North America and Category VP's eliminated.

Merchandising apparently is being blown up.

Anyone surprised?

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| 8299 views | | 13 replies (last )
Post ID: @OP+166RNbxm

13 replies (most recent on top)

category and merchandising VPs are badly hit as I was informed.
Left last year when I felt never will reach an E band, and the S-Band in my department at that time doesn't even qualified for an L-band job.

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Post ID: @4unn+166RNbxm

@2eat: Those Nike listings on the WARN site all appear to be from old, previous layoffs. If you sort by date I don’t see any recent Nike filings.

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Post ID: @2efs+166RNbxm

Nike is now listed on WARN
https://ccwd.hecc.oregon.gov/Layoff/WARN?page=19&SortOrder=Employer_desc

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Post ID: @2eat+166RNbxm

Hopefully some Directors get cut in the fulfillment and distribution centers. The same work can be done by L and U bands. To many that contribute very little but talk a big game.

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Post ID: @1zbb+166RNbxm

@1cyr, it is unbelievable that Nike had that many VPs to begin with. Wow!

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Post ID: @1yvr+166RNbxm

@1sae+166RNbxm Your cynicism aside, the source was dead on. The confirmed VP body count stands just shy of 100. Sr. Directors and Directors to follow. Expect big numbers. Probably another 150 million of salaries/severence still to come. Enjoy your half-day Fridays y'all!

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Post ID: @1cyr+166RNbxm

And since when does any Sr. Director disseminate accurate information?

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Post ID: @1sae+166RNbxm

100 VPs? That is about 75 short of what I have expected.

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Post ID: @gid+166RNbxm
  • or as I like to call it, a good start! I just hope they dont end up where I work now. 90% of them are worthless and have terrible people skills.
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Post ID: @qcq+166RNbxm

Not really surprised, moving to men’s women’s kids will mean less VP category leaders, less Snr directors, but hopefully more L and U Bands to actually do the work

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Post ID: @srn+166RNbxm

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