Thread regarding Nike Inc. layoffs

This year was awful!

I hope we see some improvements in 2023 or many of us will choose to walk away.

by
| 2908 views | | 7 replies (last ) | Reply
Post ID: @OP+1klmPU8F

7 replies (most recent on top)

@blhx: Name for us at least two “key functionalities” that have seen 100% turnover. I don’t believe it but if you can attach names to these supposed 100% turnover key functionalities I’ll be happy to reconsider my skepticism.

As for job searching everyone always has an excuse as to why “now isn’t the right time”. I looked outside as you suggested and here’s what I saw:

  • the unemployment rate, at 3.7%, is still near historical lows.
  • most good companies are still having a difficult time finding qualified applicants. If you doubt that then spend a few minutes on Indeed. Jobs galore!
  • tech companies aren’t laying off because of macroeconomic concerns. They’re laying off because they massively overstaffed during the pandemic, when demand for tech services shot thru the roof. Look at the rest of the Fortune 500 beyond tech. Are you seeing large scale layoffs outside of tech? No.
  • if any Nike employees want to quit but aren’t because they’re waiting for severance that’s a d-mb idea for multiple reasons: 1. As the last earnings report showed Nike is doing pretty good and despite what you read here constantly there aren’t going to be any large layoffs anytime soon 2. If you’re serious about wanting a new job, you don’t wait until you’ve lost your current job to start looking. The best time to look for a new job, by far, is when you already have a job 3. Even if Nike DID have layoffs, 97% of employees won’t be the unlucky chosen. Waiting around for your 1 in 33 chance of being let go doesn’t sound like a smart strategy to me.

People are complaining because that’s what they do. But almost NONE of them will quit. They’re all talk. Same thing recently happened with City of Portland employees. In November more than 50% of them said that if they were made to return to the office for ANY number of days, they’d quit. Wheeler called their bluff and demanded they return at least three days per week. Wanna know how many of them quit? Last I heard…NONE! They aren’t about to give up their cushy, well-paying jobs to venture out into the scary, unknown abyss. Where they could easily end up being employed at a place that in various ways is worse than what they fled.

The same is true with Nike employees. Almost all of these people claiming they’re going to quit aren’t going anywhere. And they know it. For those few who genuinely DO have the guts to quit, they don’t make excuses as to why they can’t quit right now and they don’t make a production out of it. They find another job and they quit. It’s that simple. You know, for people who are actually serious about quitting. Which again isn’t the vast, overwhelming majority of people. It especially isn’t the people who come here and say “Ima gonna quit!”.

Frankly more people SHOULD quit because moving to a different company is often the best way to advance both your career and income. Except for a chosen few, staying at the same company for too long is a great way to underperform both your career and income potential. Even knowing this most people still won’t quit because they believe “the devil you know is better than the devil you don’t know.”

It’s also why most of the people claiming on here that they’re going to quit are full of bluster and hot air. And something else.

by
| | Reply
Post ID: @csom+1klmPU8F

@ahxu

You’ve spoken a bit of truth but the fact remains some key functionalities have had more than 100% turnover from the ground floor through to senior leadership, in a very short timeframe. You can replace a single gear but replacing a department & having it become productive again takes many quarters.
Especially in a chaotic company like this, where everything is built on personal relationships with barely any standardized process or documentation.

Also. Look outside. Layoffs are starting, tech companies are the dying canary in the coal mine. No one is leaving because this isn’t the time to job hunt, and we’d rather stick around a few more weeks for severance.

Anyways. People are complaining because the company has changed for the worse in the last few years. Of course people are going to complain. Of course it will take many quarters for ekin’s to tear up their deep roots & leave.

The problem is they’re like ground-water in a desert; once it’s gone recovery takes years, and the signs will only show themselves once it’s too late.

by
| | Reply
Post ID: @blhx+1klmPU8F

@ahxu That’s a harsh way to put things. But your not wrong.

by
| | Reply
Post ID: @buof+1klmPU8F

More hollow flapping of the gums: “Ima gonna quit!”

Oh no! We can’t have that! Please don’t quit OP! That would be devastating! Everyone would be SO upset! Is that what you’re looking to hear OP? Lolz.

Hey OP, if you or anyone else wants to quit then quit. Do you really think anyone cares? Why would anyone come to a forum like this and proclaim they’re quitting? What’s the point? Seriously, are you deluded enough to think that coming here and anonymously proclaiming you’re going to quit will mean anything to anyone? Do you really think you’re that important?

Once again…actions speak louder than words. The people who publicly claim they’re going to quit never do. The people who actually quit don’t yap about it on anonymous forums. They just do it and move on.

Your claim that “many of us will walk away” is nothing more than wishcasting. Fact is in 2023 Nike will have about 3% turnover like it does every year. There isn’t going to be a mass exodus. Most employees like getting their Nike paycheck every two weeks and aren’t terribly excited with the thought of starting over someplace else that might or might not be better. On the contrary that idea scares the bejesus out of most people.

You aren’t going anywhere OP and you know it. But go on…post more drivel about how you’re going to quit “any day now”. Just don’t think that anyone believes you or that anyone cares anyway. You’re a number. You’re disposable. When you quit there will be 50 people desperately waiting to take your seat. And within two weeks of you leaving no one will even remember you ever worked there. Life will go on at Nike because you and people like you aren’t as important as you think. At all.

Truth bo-b. Did it sting?

by
| | Reply
Post ID: @ahxu+1klmPU8F

As someone else too mentioned below, I am prepping to GTO asap

by
| | Reply
Post ID: @1lmi+1klmPU8F

I’m waiting a quarter or two for the economy to recover but then I’m out. I’m so sick of carrying the deadweight of bargain bin contractors.

They let go of the senior technical staff in 2018-2019. They’ve been pushing out the good managers during Covid.

Now HR wonders why it’s so hard to hire swe for the ground floor? Because you turned a chill company into a meat grinder. Anyone with a brain is headed out the door.

by
| | Reply
Post ID: @pfl+1klmPU8F

I don't even care if that's exactly what the management hopes will happen.

by
| | Reply
Post ID: @qgh+1klmPU8F

Post a reply

: