Thread regarding Nike Inc. layoffs

Severance agreement?

I was laid off yesterday. I got all of the documents on Box, but I don’t see anything I need to sign to agree to terms of receiving severance. Anyone know anything about that part?

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Post ID: @OP+1reooeMh

4 replies (most recent on top)

12 weeks. The time from now until May 3rd is in addition to severance weeks (and PTO payout). Good luck!

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Post ID: @1gjh+1reooeMh

Question.
If one is laid off in round 1, gets paid through May 3, and has a 12 week severance, is the severance paid in a lump sum May 3 for 12 weeks? Or is the 10 weeks leading up to May 3 part of the severance and the lump sum is only 2 weeks additional May 3?

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Post ID: @1qse+1reooeMh

Did you sign or verbally agree to an NDA already?

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Post ID: @nsa+1reooeMh

It comes in 2 weeks and you will have 45 days to sign it.

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Post ID: @phx+1reooeMh

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