https://www.retaildive.com/news/nike-increases-layoffs-at-headquarters-to-700/588298/
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Not condoning the way that has been handled and not liking JD's insincere comments about "...teammates leaving the playing field..." (yuck), but this is not an increase in the number of employees being laid off.
As mentioned in earlier threads, the WARN notifications for Nike kick in when 500 or more employees are to be terminated. One of the exceptions to this act is that reporting does not need to occur "If 50 to 499 workers lose their jobs and that number is less than 33% of the employer's total, active workforce at a single employment site"
The WARN notice in July was legal CYA for an upcoming layoff of at least 500 employees. The recent WARN notice update put a more accurate count to that number.
Either way it still s—s.
Nike on Thursday filed an updated WARN notice in Oregon detailing that approximately 700 employees will be impacted by the planned layoffs at its Beaverton headquarters by Jan. 8.
When the retailer initially filed its WARN notice in July, Nike had planned for "at least" 500 layoffs, including members of its corporate leadership team and employees at its childcare centers.
The layoffs are tied to Nike's Consumer Direct strategy, which prioritizes Nike's direct-to-consumer channels while paring down wholesale. The plan has led to some reorganization in the company's top leadership in addition to the layoffs.