Even if you survive this or the next round or the one after that, your job is not safe. Nike will keep cutting until everyone but the most essential roles are moved to an LCC. That's our future. Never ending growth is impossible, so to simulate it, they'll keep moving jobs overseas.
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Not having job security is not Nike specific. That's the new reality and has been for the last decade or more. Nobody retires after a long career in one company any more. You bounce around until you're aged out then you make do with what you saved until you hit retirement age. Welcome to the world.
Dude, get off it and quit. You're not wrong but you just described every large corporation in the US.