I don’t know the actual layoff number but one thing is certain: this will be the largest layoff in Nike history. More than a few people will be let go who weren’t expecting it. Those people will learn a painful lesson: their Nike job was always just a job and they were always just an expense on a spreadsheet. This is especially difficult at Nike given the amount of time and effort Nike spends trying to brainwash employees into believing that Nike is somehow special or different. It isn’t. Too many people will be forced to confront this reality in coming months.
The people who survive the layoff won’t be much better off, although they’ll at least still have an income. Layoffs cause long lasting trust and morale issues. We’ve already seen that from previous Nike layoffs. You’ll still have your job but will be constantly wondering if in another three years it will then be your turn.
Reposting from @xwa+1qvCosmM for being on point.