Thread regarding Nike Inc. layoffs

Out with the old, in with the young...

WHQ has around 70% 30 years old or younger employees. Basically favoring youth over experience. Perhaps this has something to do with Nike losing its US market share in the first place?

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Post ID: @OP+P2pggTj

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This statistic was taken from an internal deck used to plan the $1 billion campus expansion.

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Post ID: @tnb+P2pggTj

My wife was let go in June by Nike. She was there for 36 years. What bothered me the most was her entire career was over in 10 minutes, done. No thank you's for you giving your adulthood to the company, nothing like that. She was walked to her desk by security. She was there 36 years! As though she would destroy something on the way out. There has to be a better way to handle it. She'll survive, she's enjoying her retirement. Lots of fantastic memories of Nike, to be sure.

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Post ID: @clh+P2pggTj

I was always told that average employee age had remained relatively consistent since company founding, somewhere in the mid-30s range.

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Post ID: @rob+P2pggTj

It's easier to abuse younger employees, b/c they don't have families or commitments outside of work. The promise of becoming something big and famous always is attractive to young folks.

The rapid upward trend of these young folks has always been something about Nike that I couldn't understand. There were those who grinded it out day in and day out and did what was right for the company and in the end they were the ones that got whacked. Sour Grapes...perhaps, but also seeing who was cut and who wasn't cut. It was surprising.

It clearly wasn't about talent or grit, b/c of the folks left behind are not those people in all cases.

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Post ID: @imi+P2pggTj

I was not let go but I know that they disclose ages of the laid off population (in aggregate) to each individual impacted

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Post ID: @uxt+P2pggTj

Where are you getting that statistic from? That is completely false. Walk around campus and you will see how varied the ages are. I would wager that it is closer to the opposite (30% are 30 or younger).

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Post ID: @pqa+P2pggTj

Yep.......us old folks" are just "resistant to change".

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Post ID: @xor+P2pggTj

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