Curious if anyone is aware if Voluntary Layoffs could or would be considered?
I heard it was pretty successful at Intel based from feedback from some of my friends that work there.
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@5ofb, thank you. If I may ask, how do you know? Please do not say anything that may not be comfortable saying though. I am just curious, that is all.
Thanks.... is round 3 the end?
Round 2: week of Oct 5
Round 3: week of Oct 19
Are they seriously waiting until October 1st or 2nd for layoffs? Come on...lay me off already for the love of God!
@4nvv, right. Yes, I would take it and run- no doubt. How do I know? I am working my tail off trying to secure a suitable position else where so I can get out of Nike's culture. Life is way too short to put up with what is Nike has become. It is not about shutting up and doing your job. It not about one's ability to ignore everything going on around us. It is not about being resilient. For me, it is about aligning me values, traits and characteristics with the culture in which I exit at work or outside it. I choose to get out and not for a minute become what I despise - a bad person.
They want to hold ALL the cards. Sure it would have been considerate to give employees an exit option or offer early retirement back when this fiasco first started. But they knew all the highest performing people would immediately take a package and GTFO. At this point, wouldn't you?
@4ntg, great observation - 100% in agreement. Sorry, but when an organization's culture is so rotten that it changes good people's outlooks and core behaviors, it is not worth anyone's sanity. I have been at Nike for years and I am yet to see any evidence that lead me to believe that Nike will ever value its people, promote equality, safety, trust of even just doing the right thing. The maxims are just slogans - nothing more. Start formulating your exist strategy and get out when you can.
"It probably didn’t help that I’m a strong performer in a team that’s totally underwater."
I've been away from Nike for a couple years now and reading this still made me shudder at how your humanity gets totally stripped if you're there long enough. To HR this is all you are. To your manager and colleagues you are this act that you have to put on every day.
They are not as far as I know. I requested one and was told no by HR, the layoffs are to “right size and streamline“ teams, so the reductions are “strategic”. It probably didn’t help that I’m a strong performer in a team that’s totally underwater. Although HR is never consistent, so who knows.
Maybe just package it up as a voluntary "early retirement?"....let that wave go through and then see where the numbers play out for the company. I have seen companies like Verizon do this,
Historically, Party line from HR and execs is “we don’t do that here!” They’re trying to retain key players, be strategic, fair and quantitative about decisions. Yea. 99% Then you inadvertently hear about the senior person that negotiated a sweet “retirement” loaded with exit perks. Inconsistent behind the scenes, perhaps.
@1qhf, how do you know?
Nike won’t offer voluntary severance. These layoffs are about vendettas and HR leadership knows the good employees will leave if they are offered a giant check.
Pretty sure voluntary layoffs would allow someone to receive the severance package and even unemployment benefits. That helps support folks that want to leave but fear the uncertainty of the job market on their own. & also helps employer so that they are making right selections & backlash from any disgruntled employees.
That’s what i leaned on google anyway. Not an expert by any means.
Just curious if anyone knew if Voluntary Layoffs was being considered at all. Sounded like a good idea when I heard it happened at Intel. But of course every place is different.
Voluntary layoffs are when employees voluntarily agree to leave the company in return for a severance package. Some people are not as tied down in life as others, so they'll opt to do this so other people can keep their jobs. Companies will usually sweeten the pot for these people because it saves them a ton of heartache. The rub is that sometimes it's those employees that are more tied down that a company wants to get rid of because they cost a lot more to employ (i.e. they have more PTO and use more benefits)
Wouldn’t you just quit? I think anyone sticking it out is waiting for a package.