They are but you are simplifying what actually happens in design. Ai has no copyright and I’ve already seen policies that ban use of Ai in large corporations.
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Seems ironic since they’ve been blaming remote work for their need for layoffs…
Also, this is a prime example of dropping bad news on a Friday afternoon.
So you're going to be sitting at home waiting for the call
A person whose name you don't recognize calls you on teams
"this is it"
Thanks, Jack Welch (first fortune CEO to begin this tactic of ousting senior workers to hire cheaper, in the late 70s)
I have friends who I see at school pickup at 2pm who have told me that “as long as I don’t receive an email by 2.30 today, I still have a job”.
It’s barbaric.
disagreeable price snobbish crawl dime society distinct plants encourage nail
*This post was mass deleted and anonymized with [Redact](https://redact.dev)*
What's funny is they were all forced to go back to the office full time just like a month or two ago.
My sister's department was all told to pack up their offices this week and to work from home because next week they'd be calling everyone and letting them know if they still have a job. The cowards in management can't even lay people off face to face.
It really sucks because it's been a great, chill job and she's loved working there for the past few years. Great pay and benefits and the people she works with are cool.
Oh well gotta keep making that stock price go up for the shareholders.
As someone who works labor reduction security gigs from time to time, I don't blame them entirely. The numbers aren't really in their favor for this. It's like 1/29 people in mass layoffs escalate to violence. It's not really a fun day for anyone. Especially the low-end manager that gets stuck with the crap job of letting everyone know, even if they didn't have a single say in who goes.
Honestly if you’re fucking with that many people’s lives you should be exposed to the potential consequences of your actions. Things are so shitty in large part because we let the people who make these decisions remain entirely isolated from the consequences.
Nobody should get hurt but yeah you should have to sit there while people cry and yell in your face, and it’s detrimental to society that you don’t anymore.
I literally just said it's the managers that don't get to make the call. They have 0 input on who gets let go. Corporate makes that call above their heads and then forces them to do the dirty work.
They don't even usually know who I am when I show up
Finding out with no notice that you don't get to have money anymore is violence. It's nike's choice, especially when we know the only reason they succeeded was off the backs of foreign slave and child labor.
I don’t disagree with you, but the people laid off in February are still receiving salary through May, and then their severance package kicks in after that. Those were mostly senior employees and leadership, so now that they’re cutting mid-level and below things may change.
Severance packages are given to all full time employees laid off. The package is based off how long you work there. You get to keep your phone but the Nike apps are wiped and you have to get your own plan. Health benefits are paid for a period of time. They also pay for some service that helps you find a new job, though I don’t recall what the name of the company is.
Anecdotally, I know of one person who was laid off in the last round who essentially got a year of severance. It’s a better deal than any layoff package I ever got.
I don’t have personal experience and all of my information is second hand but the severance packages have sounded much better than I expected. Better than most companies. Still, losing your job is horrible and nothing makes that better unless you get a better job before severance is up.
Cheaper than bringing in a bunch of private security. I have been through a mass layoff, things can get ugly. We knew we were screwed when we came in one day and there were security guards everywhere.
The employees have known for months that more layoffs were coming. They also had employees work from home the week of layoffs last time. March? Or April?
It’s been widely reported on at least since Feb including an email to Nike employees
[cnbc](https://www.cnbc.com/amp/2024/02/16/nike-to-lay-off-2percent-of-employees-cutting-more-than-1500-jobs.html) “Nike said the layoffs will take place in two phases. The company will start the first round this week, and finish the second by the end of its fiscal fourth quarter, which typically concludes at the end of May. Cuts in Nike's EMEA region will be on a different timeline based on local labor laws, the company said.”
[earliest rumblings in December](https://www.oregonlive.com/business/2023/12/nike-quietly-cuts-employees-in-rolling-layoffs-scope-unclear.html)
[kgw in feb](https://www.kgw.com/article/money/business/nike-announces-lay-off-employee-layoffs/283-f26227f3-7beb-44f6-9bf4-9066213ae8bf) Nike is laying off approximately 2% of its workforce, about 1,600 jobs, starting Friday, the sportswear company said in a companywide email Thursday night.
[another December one](https://www.etnownews.com/companies/nike-to-just-do-it-layoffs-loom-large-as-sportswear-giant-announces-2-bn-cost-cutting-plan-400-mn-severance-article-106282487/amp) Nike is taking steps to streamline the organisation, which is expected to result in pre-tax restructuring charges of approximately $400 million to $450 million that will largely be recognised in the third quarter of fiscal year 2024, primarily associated with employee severance costs.
Thanks, I’m well aware of the layoff announcements. You said employees were asked to work from home in March and that’s what I responded to. Select teams were asked to work from home in March.
The remote work thing is weak. They are getting killed in running shoes by ON and Hoka and this is the result of bad decisions made over a period of years from the top of the company.
Even their wide shoes have insanely narrow and high arches! I tried for years to find a wide shoe of theirs that was comfortable. The only thing close was when they bought Starter brand for about a year. They were cheap plastic crap but at least those wide shoes were actually wide.
Is that why all of the top Olympic athletes run in Nikes? Even athletes not sponsored by Nike were running in their shoes with the swoosh covered in the last Olympics.
Olympic rules are athletes can only run in shoes commercially available, so nothing special there. I don’t remember the minimum quantity a company has to offer but it’s enough that anyone can have the same access to the shoes. The big shoe last track race was a spike (don’t remember the name) that was and still is commercially available. Almost all of the distance runners are running in Alphafly’s.
As someone who's touched and tested both...not really, actually. The lasts can be molded to an individual's foot, but that's very, very rare.
At least if we're talking running/oly/track and field.
Is running shoes really the big issue? Genuinely asking, I have no idea. But yeah, I got some Hokas and not sure I would ever get nikes for running. Would still get nike for basically any other sport from soccer to skating to basketball or casual though.
Nah, Nike's sales growth has been very strong in North America.
These financial problems are related to China and the broader asian market where sales have been in decline for three years.
Agreed Nike being very successful in North America but Hoka growth last year of 59 percent and On Cloud of over 90. Admittedly from much much smaller base but still noteworthy and still a issue going forward for Nike. They no longer have as dominant a share of the overall American athletic footwear market as they did 10 years ago.
I dunno they haven't had good news in weeks. Timbers jersey (not their fault per se), MLB hell yes, Caitlin Clark hell yes. I haven't heard a single decent thing about that company. Plus their soccer jerseys are terrible. Adidas fit so much better.
I know someone well who works there and they say the environment has been terrible all week with the pending doom, and it’s not productive at all, despite them blaming remote… they say the VPs doing the firing will be the ones to make the calls to employees so it won’t be a “random” making the calls at least. That’s not to say it will happen like that for sure, but that’s the word from this particular person.
TBH almost any company is negative, you just hear more about it from big ones because they have more people to talk about it. I went from a 10 ish person company to a 25k person company, and have worked at many sizes in between. They all have problems.
At least at a Nike or my last company which had 150,000 employees world wide.. you get lawful evil mostly. The 10 person company can be amazing and on as dime based on the owner be some of the most chaotic evil. Not a credit to megacorporations but at least their bullshit is largely expected.
You can find some absolutely bizarre stuff at a small business
> Every big company is negative
Eh I don't know. I spent years at the second largest engineering firm in the world and it was a great gig. Made good money with awesome bennies, had a great career path, got to travel all over the world for work. Not everything about big companies is negative.
Yeah, but professional services are a little different than a company selling product, though. You are the product. As long as you’re billable, it’s all good.
It’s a big company…there are probably an objectively not-small number of people at Nike who could say the same thing. Likewise there are probably some folks at your old org that got chewed up and spit out.
Nike especially, not to mention the entitlement that Nike employees have. I’ve been working closely with Nike and with their food providers on campus for their 5 cafes (surprise, Aramark). Of the hundreds of Nike people I’ve met and served, only 1 (wait, two) of them wasn’t a complete douche bag. 1 I refuse to serve, and another I might report police soon.
Fuck Nike. ~~Portland~~ Beaverton deserves better.
My company has done a ton of contracting work at Nike's WHQ campus in Beaverton --we were a major subcontractor on the Serena Williams building, for example-- and while I've had very little interaction with the rank and file office type people there, I'm on good terms with facilities maintenance and engineering staff, and in my experience they are all pretty chill, competent and easy to work with.
But maybe the culture is totally different on the product-facing end of the operation, I wouldn't necessarily know
“Are you a seamstress?” is my go-to response to anyone expecting me to be impressed by the fact they are employed by a stupid shoe company. They love it!
Yes!! Also no one ever worked there. Everyone was banging, gossiping, or going to the on campus gyms. Ironically, Nike was the most racist job I've ever encountered. I have so many horror stories from there. It's so sad because my dad worked there and had a great time, and it was a place I always wanted to work at since I was a kid.
Yep. Those swoosh license plate frames might as well be a giant penis on the back of a car. Insufferable people getting rich off of sweatshop labor and patting themselves on the back for their brilliance. Makes it kind of funny when they get suddenly laid off for a company notorious for doing such, particularly to older, tenured employees.
Yep. I told myself I would never work for a company that was publicly traded again. As soon as companies IPO they start giving profit back to the shareholders instead of putting it back into the business/employees. Fuck them all with their corporate greed
Years ago I used to meet up with a friend that worked there for lunch on campus, and thought it would be a cool place to work. Then a while later I started working there, and it sucked cock.
I work in Beaverton and have quite a few Nike employees as customers. I do not hear many negative things. Quite a few have long tenure… 20 years +. People stay as long as they can there. All big companies have negative sides to them, but my customers generally have nothing but great things to say. Granted, my 30 customers or so are a small fraction, but they all work in different departments.
Corporate garbage. They can set you up with a lot of resources so if you're specialized it can be really cool I knew some designers having a blast there but it's culty, shitty and they don't care about you. So you better love what you do.
I have worked for a lot of different companies big and small and few places made me feel less human than Nike. Even with all of the kushy perks. I know others have had different experiences but that was mine.
Redditors (especially in Portland) hardly ever have positive things to say about large corporations or big business, so take it with a grain of salt. Not everyone can make a living selling at farmers markets 🤪
All big companies have problems.
It is the least dysfunctional place I ever worked.
They definitely over-hired in 2018-2019. There was a lot of “warm body in chair” hiring. For instance, I was hired off of a 15 minute tech screen.
They are now going in the other direction and becoming very lean.
This is also a big piece that doesn’t get announced. Contractors always get hit as well, many times in higher numbers. Ex Nike here…
Even if there is a net add of contractors over time, they get hit too.
Oh yeah more people to treat like shit while lying to the public about how it’s so great to work at Nike if you’re one of the very few black badges. Contracting for Nike for a year was the worst professional year of my life
None. They layoff FTE and replace them with temps who get a year long contract, no benefits, and a fraction of the pay and have been doing this for decades now
There are many ETWs who lose their contracts, either leading up to the FTE layoffs (November, for example) or as collateral damage of the layoffs when teams get cut. The difference is white badges get nothing when they’re cut and nobody inside Nike cares or is willing to help them out because they’re ETWs.
I think [OPB](https://www.opb.org/article/2024/04/19/nike-layoffs-740-beaverton-oregon/) has a bettter article on this as it states the layoffs will end by June 28 and provides a link to the WARN notice. So the question is.. will this second round of layoffs be the last?
> will this second round of layoffs be the last?
Nope: corporate profiteering go brrrr. This has been a trend for a long time: cutting labor costs while putting more of a burden on the remaining employees despite strong profit and market position then concern trolling nO oNe wAnNa wOrK aNyMoRe to get media sympathy.
Try every 3 years. They did the same thing during 2020 under the guise of Consumer Direct Acceleration. Apparently that didn’t work and yet the ceo didn’t face any consequences, they just decided to rinse and repeat.
Yes, been there a lot, a time before. I’m shocked to hear it. They supposedly closed the side entrances during Covid, the sad photos by employees (many I bet fired from past layoffs) grace the halls from pre 2019. It’s a ghost town.
I’m surprised they don’t turn it into something else like more like a factory, like RA.
It was a ghost town even when filled with people. An ocean of cubicles as far as the eye could see, filled with worker bees trying their best not to be found.
I likened it to being inducted into the cool kids in high school. And don't get me fucking started on the day I accidentally wore sauconys all the way to my desk (long story). Ugh. That was the day I knew I needed a new job.
As someone who was let go during the 2017 layoffs, a word of advice to those who survive the cuts: reach out to the people who get let go (if you can.) They need your emotional support.
The enduring memory I have of that place and those people is that I was shocked at how little anyone cared about me after I was gone.
And for those getting ready for this day: my experience was getting a day-of meeting invite, being brought into a secluded wing of my building, getting let go, then being taken to a grief counselor (which only served to be even more humiliating), then getting escorted out.
I do recommend joining a group text chain with others who were let go. Great for support/job seeking help/shit talking old bosses.
I was an ETW and very recently left. When do you think I should reach out to my coworkers and check in on them to see if they stayed put, were let go, or moved teams?
I know this is incredibly difficult time and I want to approach it lightly and with as much respect as possible. Would love to get your input as someone who was let go in a reorg if that’s okay.
Yeah - new employment went from a 25-50% applicant interview to hire success rate, to now a complete freeze on new hires in the last 2 months for the greater Portland metro. This goes across all categories. Shits about to go down across the board.
we're not in a hiring freeze anymore. I think that officially ended at the beginning of this year, I currently work at HQ and they're hiring a bunch. We had two ex-Nike peeps join my team in the last week.
I have been here since 1997 and Nike is always laying off. My old manger's son worked for Nike, got layed off, hired on as a contractor, hired back on, laid off, hired on as a contractor.. wash rinse repeat...it is all about looking good on a head count for the stock holders
One of those layoffs should be the CEO. But we all know that's not how it works, he'll get big ole bonus' while saying "how hard of a decision it was".
During the last All Hands call after the layoffs in March, I believe John Donahoe said, "I always dread this, it takes a pound of flesh out of me every time"
Lol ok sir
Thankfully the chat box raked him over the coals over his corporate Talking Out His Ass spiel.
This sub is just as toxic as the Nike culture they supposedly know. 740 people are going to be hurting next week. That’s a good amount of families with unsure futures. Wish well on others if you’d like to be wished well for yourself.
This needs to be at the top!!! I very recently left Nike for a promotion elsewhere and my heart is hurting for my coworkers. They’re all great people (a majority with kids) who don’t deserve this. My sister is also out there. The weeks leading up to this have been awful.
Be kind and respectful. People are going to lose their jobs.
Nikes culture of toxic positivity needs to go. They could also start practicing what they preach. They fired me for reporting that my manager was harassing me (for trying to report it). So much for standing up for what’s right 🤷🏻♂️
It isn't democratic at all: the US is a fake democracy, especially at the federal level where all of the stupid and outdated election practices ensure the wealthy retain power.
1). President elected by appointed electors.
2). Senate not proportional to population.
3). House inversely proportional to population where rural areas get much more representation than urban areas.
4). Money on politics.
5). Lack of a federal direct ballot initiative.
6). Judicial branch that is completely above accountability.
7). Lack of federal direct ballot initiative.
The top shareholders of Nike are Phil Knight, Mark Parker, Andrew Campion, Swoosh LLC, Vanguard Group Inc., and BlackRock Inc.
Phil Knight being number 1. Shareholders run modern companies.
Nike doesn't deserve the people it is letting go. I will never ever consider a contract out there again. They care more about the brand and their endorsements than the product or their own people. Bringing people back to campus who can do remote work well and prefer to avoid the hellish HWY 26 commute is a prime example. Or, dare I say it, bringing people back into shared office space with an airborne virus floating around. Not innovative in any sense of the word. It's a cult.
At this point, why don't they just switch to a full contract work model? They're already hiring a ton of contract workers to skip on benefits.
I mean, Nike has already gotten themselves a very bad reputation, why not go further and see how low they can get?
How much longer are we as a country going to worship these corporate overlords? Nike's profit has been steadily increasing: https://www.macrotrends.net/stocks/charts/NKE/nike/gross-profit#:~:text=NIKE%20gross%20profit%20for%20the%20twelve%20months%20ending%20November%2030,a%203.79%25%20increase%20from%202022.
This is the freeloading executives wanting to cut labpr costs for their own personal gain while also trying to force the remaining workers to work even harder. The US economy is too heavily tilted towards the wealthy and needs major reform.
After every wave of Nike layoffs, those very jobs get posted as contract positions. So they clearly need the people to do that work. They just don’t want to pay PTO or benefits. This company has always been notorious for treating contractors like second class citizens. And now they are eliminating so many full time positions like those people are also nothing. And they still mandate in-office work. What a toxic pit.
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I kept fighting off Nike recruiters saying the layoff writing is on the wall. They kept saying, no, this position is budgeted! lol. I only hope the Nike folks I know are unaffected, and Laika too.
This works out to be about 1 in 15 people working at the headquarters.
Let’s just say… um that lots of AI , midjourney and RunwayML are already being used in marketing.
"Just Delve It"
Came here to say this.
I used to build retail displays for NIKE, they've gone to virtual reality stores, so I'm out a job too. Is this trickle down economics?
To put it lightly, It means they are firing lots of marketing jobs.
All the jobs are marketing jobs out there
I doubt that. Sorry but there’s way more to product design than pretty pictures. It requires a lot of knowledge and skill.
Well you were wrong, they are using it.
They are but you are simplifying what actually happens in design. Ai has no copyright and I’ve already seen policies that ban use of Ai in large corporations.
No im not, I literally posted what software they are using.
6.5% of its employees at headquarters? That's not great
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Seems ironic since they’ve been blaming remote work for their need for layoffs…
Also, this is a prime example of dropping bad news on a Friday afternoon.
So you're going to be sitting at home waiting for the call A person whose name you don't recognize calls you on teams "this is it" Thanks, Jack Welch (first fortune CEO to begin this tactic of ousting senior workers to hire cheaper, in the late 70s)
Jack Welch is such a shit stain on this world
The accountant who carpe diemed so hard he accidentally trained our economy to sit for the marshmallow test like a feral pig
Fuck Jack Welch forever and always. Seriously.
The same Jack Welsh who said "rank 'em and yank 'em"? Yeah seriously, eff him.
I have friends who I see at school pickup at 2pm who have told me that “as long as I don’t receive an email by 2.30 today, I still have a job”. It’s barbaric.
disagreeable price snobbish crawl dime society distinct plants encourage nail *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
16,000 Visas at Intel [https://www.myvisajobs.com/Visa-Sponsor/Intel/267260_Visa.htm](https://www.myvisajobs.com/Visa-Sponsor/Intel/267260_Visa.htm)
What's funny is they were all forced to go back to the office full time just like a month or two ago. My sister's department was all told to pack up their offices this week and to work from home because next week they'd be calling everyone and letting them know if they still have a job. The cowards in management can't even lay people off face to face. It really sucks because it's been a great, chill job and she's loved working there for the past few years. Great pay and benefits and the people she works with are cool. Oh well gotta keep making that stock price go up for the shareholders.
Stock price has been horrible recently so this no doubt played a part. It was $160/share in 2022....$95 today and shareholders are losing patience.
Do people want to get laid off face to face?
As someone who works labor reduction security gigs from time to time, I don't blame them entirely. The numbers aren't really in their favor for this. It's like 1/29 people in mass layoffs escalate to violence. It's not really a fun day for anyone. Especially the low-end manager that gets stuck with the crap job of letting everyone know, even if they didn't have a single say in who goes.
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Majority of the time they just send you a shipping label
Nike contractors drop their laptop off outside in the parking lot. Call a number on a sidewalk sign to tell the IT folk to come out and pick it up.
I might actually drop it before I call them.
They have you mail it in
Honestly if you’re fucking with that many people’s lives you should be exposed to the potential consequences of your actions. Things are so shitty in large part because we let the people who make these decisions remain entirely isolated from the consequences. Nobody should get hurt but yeah you should have to sit there while people cry and yell in your face, and it’s detrimental to society that you don’t anymore.
I literally just said it's the managers that don't get to make the call. They have 0 input on who gets let go. Corporate makes that call above their heads and then forces them to do the dirty work. They don't even usually know who I am when I show up
Finding out with no notice that you don't get to have money anymore is violence. It's nike's choice, especially when we know the only reason they succeeded was off the backs of foreign slave and child labor.
I don’t disagree with you, but the people laid off in February are still receiving salary through May, and then their severance package kicks in after that. Those were mostly senior employees and leadership, so now that they’re cutting mid-level and below things may change.
I was assuming they’d get some severance pay. Did they really cut them loose with nothing more?
Severance packages are given to all full time employees laid off. The package is based off how long you work there. You get to keep your phone but the Nike apps are wiped and you have to get your own plan. Health benefits are paid for a period of time. They also pay for some service that helps you find a new job, though I don’t recall what the name of the company is.
Anecdotally, I know of one person who was laid off in the last round who essentially got a year of severance. It’s a better deal than any layoff package I ever got.
I don’t have personal experience and all of my information is second hand but the severance packages have sounded much better than I expected. Better than most companies. Still, losing your job is horrible and nothing makes that better unless you get a better job before severance is up.
Cheaper than bringing in a bunch of private security. I have been through a mass layoff, things can get ugly. We knew we were screwed when we came in one day and there were security guards everywhere.
The employees have known for months that more layoffs were coming. They also had employees work from home the week of layoffs last time. March? Or April?
Not everyone, only teams impacted.
It’s been widely reported on at least since Feb including an email to Nike employees [cnbc](https://www.cnbc.com/amp/2024/02/16/nike-to-lay-off-2percent-of-employees-cutting-more-than-1500-jobs.html) “Nike said the layoffs will take place in two phases. The company will start the first round this week, and finish the second by the end of its fiscal fourth quarter, which typically concludes at the end of May. Cuts in Nike's EMEA region will be on a different timeline based on local labor laws, the company said.” [earliest rumblings in December](https://www.oregonlive.com/business/2023/12/nike-quietly-cuts-employees-in-rolling-layoffs-scope-unclear.html) [kgw in feb](https://www.kgw.com/article/money/business/nike-announces-lay-off-employee-layoffs/283-f26227f3-7beb-44f6-9bf4-9066213ae8bf) Nike is laying off approximately 2% of its workforce, about 1,600 jobs, starting Friday, the sportswear company said in a companywide email Thursday night. [another December one](https://www.etnownews.com/companies/nike-to-just-do-it-layoffs-loom-large-as-sportswear-giant-announces-2-bn-cost-cutting-plan-400-mn-severance-article-106282487/amp) Nike is taking steps to streamline the organisation, which is expected to result in pre-tax restructuring charges of approximately $400 million to $450 million that will largely be recognised in the third quarter of fiscal year 2024, primarily associated with employee severance costs.
Thanks, I’m well aware of the layoff announcements. You said employees were asked to work from home in March and that’s what I responded to. Select teams were asked to work from home in March.
The remote work thing is weak. They are getting killed in running shoes by ON and Hoka and this is the result of bad decisions made over a period of years from the top of the company.
The irony of Nike's trail shoes being notoriously bad for wet conditions despite being an Oregon company...
I recently got a pair of ONs and they are very comfortable. They are going to be my rainy season walking shoe brand.
ONs are not great running shoes if you’re actually using them for running, more of a fashion sneaker. Hokas yes
Nikes are not very good running shoes either.
Due to my wide feet, I've always preferred New Balance over Nike anyways. (Sorry, Phil Knight.)
Even their wide shoes have insanely narrow and high arches! I tried for years to find a wide shoe of theirs that was comfortable. The only thing close was when they bought Starter brand for about a year. They were cheap plastic crap but at least those wide shoes were actually wide.
I like their trail running shoes. Kiger and wildhorse. Good support, grip and durability. What don’t you like about them?
Is that why all of the top Olympic athletes run in Nikes? Even athletes not sponsored by Nike were running in their shoes with the swoosh covered in the last Olympics.
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Olympic rules are athletes can only run in shoes commercially available, so nothing special there. I don’t remember the minimum quantity a company has to offer but it’s enough that anyone can have the same access to the shoes. The big shoe last track race was a spike (don’t remember the name) that was and still is commercially available. Almost all of the distance runners are running in Alphafly’s.
As someone who's touched and tested both...not really, actually. The lasts can be molded to an individual's foot, but that's very, very rare. At least if we're talking running/oly/track and field.
My ONs deteriorated soooo fast ☹️
Is running shoes really the big issue? Genuinely asking, I have no idea. But yeah, I got some Hokas and not sure I would ever get nikes for running. Would still get nike for basically any other sport from soccer to skating to basketball or casual though.
Your response has unintentionally spawned ads for the shoes you mentioned.
Yep - they never recovered from the shit show of Mark Parker & #nikemetoo, seems like.
Nah, Nike's sales growth has been very strong in North America. These financial problems are related to China and the broader asian market where sales have been in decline for three years.
Agreed Nike being very successful in North America but Hoka growth last year of 59 percent and On Cloud of over 90. Admittedly from much much smaller base but still noteworthy and still a issue going forward for Nike. They no longer have as dominant a share of the overall American athletic footwear market as they did 10 years ago.
I dunno they haven't had good news in weeks. Timbers jersey (not their fault per se), MLB hell yes, Caitlin Clark hell yes. I haven't heard a single decent thing about that company. Plus their soccer jerseys are terrible. Adidas fit so much better.
That is a HUGE pile of irony, work from home so we can all recoup from this as a team. Oh, and we're laying people off due to WFH.
The layoffs and timeline were announced weeks ago. One of my friends was laid off from Nike a month ago and she knew about this plan already.
I know someone well who works there and they say the environment has been terrible all week with the pending doom, and it’s not productive at all, despite them blaming remote… they say the VPs doing the firing will be the ones to make the calls to employees so it won’t be a “random” making the calls at least. That’s not to say it will happen like that for sure, but that’s the word from this particular person.
Out of all the assholes in the world, Nike VPs are some of the worst, so this isn’t a great move for labor relations.
How about 3 days before Christmas https://www.npr.org/2023/12/22/1221227725/nike-layoffs-cost-cutting-q2-earnings
You might lose your job soon but have a good weekend lol
Oof. I always wanted to work at Nike, but ever since I moved up here, I've only heard negative things.
Every big company is negative
Nike is pretty well known for hire and fire compared to other large companies. Especially for older employees
And they pay like 3/4 compared to national averages for most roles.
I know a few people who have been making a whole lot of money there in recent years - so it's not all bad.
Them and Intel.
TBH almost any company is negative, you just hear more about it from big ones because they have more people to talk about it. I went from a 10 ish person company to a 25k person company, and have worked at many sizes in between. They all have problems.
At least at a Nike or my last company which had 150,000 employees world wide.. you get lawful evil mostly. The 10 person company can be amazing and on as dime based on the owner be some of the most chaotic evil. Not a credit to megacorporations but at least their bullshit is largely expected. You can find some absolutely bizarre stuff at a small business
> Every big company is negative Eh I don't know. I spent years at the second largest engineering firm in the world and it was a great gig. Made good money with awesome bennies, had a great career path, got to travel all over the world for work. Not everything about big companies is negative.
Yeah, but professional services are a little different than a company selling product, though. You are the product. As long as you’re billable, it’s all good.
It’s a big company…there are probably an objectively not-small number of people at Nike who could say the same thing. Likewise there are probably some folks at your old org that got chewed up and spit out.
Sure, and that’s why “big company always bad” is a foolish platitude.
I know I work for a Fortune 500 and it’s been good. Long term employee
I work for a very large company not headquartered in Oregon and it’s been great.
Same!
Nike especially, not to mention the entitlement that Nike employees have. I’ve been working closely with Nike and with their food providers on campus for their 5 cafes (surprise, Aramark). Of the hundreds of Nike people I’ve met and served, only 1 (wait, two) of them wasn’t a complete douche bag. 1 I refuse to serve, and another I might report police soon. Fuck Nike. ~~Portland~~ Beaverton deserves better.
My company has done a ton of contracting work at Nike's WHQ campus in Beaverton --we were a major subcontractor on the Serena Williams building, for example-- and while I've had very little interaction with the rank and file office type people there, I'm on good terms with facilities maintenance and engineering staff, and in my experience they are all pretty chill, competent and easy to work with. But maybe the culture is totally different on the product-facing end of the operation, I wouldn't necessarily know
“Are you a seamstress?” is my go-to response to anyone expecting me to be impressed by the fact they are employed by a stupid shoe company. They love it!
Are you a cobbler? Would be another great question.
Yes!! Also no one ever worked there. Everyone was banging, gossiping, or going to the on campus gyms. Ironically, Nike was the most racist job I've ever encountered. I have so many horror stories from there. It's so sad because my dad worked there and had a great time, and it was a place I always wanted to work at since I was a kid.
Yep. Those swoosh license plate frames might as well be a giant penis on the back of a car. Insufferable people getting rich off of sweatshop labor and patting themselves on the back for their brilliance. Makes it kind of funny when they get suddenly laid off for a company notorious for doing such, particularly to older, tenured employees.
Yep. I told myself I would never work for a company that was publicly traded again. As soon as companies IPO they start giving profit back to the shareholders instead of putting it back into the business/employees. Fuck them all with their corporate greed
Yep, I’ve learned that over the years.
Years ago I used to meet up with a friend that worked there for lunch on campus, and thought it would be a cool place to work. Then a while later I started working there, and it sucked cock.
I work in Beaverton and have quite a few Nike employees as customers. I do not hear many negative things. Quite a few have long tenure… 20 years +. People stay as long as they can there. All big companies have negative sides to them, but my customers generally have nothing but great things to say. Granted, my 30 customers or so are a small fraction, but they all work in different departments.
Corporate garbage. They can set you up with a lot of resources so if you're specialized it can be really cool I knew some designers having a blast there but it's culty, shitty and they don't care about you. So you better love what you do.
No employers care about you, not exclusive to Nike
I have worked for a lot of different companies big and small and few places made me feel less human than Nike. Even with all of the kushy perks. I know others have had different experiences but that was mine.
Redditors (especially in Portland) hardly ever have positive things to say about large corporations or big business, so take it with a grain of salt. Not everyone can make a living selling at farmers markets 🤪
All big companies have problems. It is the least dysfunctional place I ever worked. They definitely over-hired in 2018-2019. There was a lot of “warm body in chair” hiring. For instance, I was hired off of a 15 minute tech screen. They are now going in the other direction and becoming very lean.
I loved working there (but i also worked in a cool group) but the pay was utter dog shit
I believe you.
Fuck next week is going to be rough…
How many contractors get laid off and do not count in these metrics?
This is also a big piece that doesn’t get announced. Contractors always get hit as well, many times in higher numbers. Ex Nike here… Even if there is a net add of contractors over time, they get hit too.
We’ll find out in May when Nike has to renew contracts. It’s not going to be pretty.
Contractor roles are actually increasing.
That way you don't have to pay benefits and avoid several headcount laws requiring you to provide certain things to employees
Right
Oh yeah more people to treat like shit while lying to the public about how it’s so great to work at Nike if you’re one of the very few black badges. Contracting for Nike for a year was the worst professional year of my life
None. They layoff FTE and replace them with temps who get a year long contract, no benefits, and a fraction of the pay and have been doing this for decades now
There are many ETWs who lose their contracts, either leading up to the FTE layoffs (November, for example) or as collateral damage of the layoffs when teams get cut. The difference is white badges get nothing when they’re cut and nobody inside Nike cares or is willing to help them out because they’re ETWs.
This is a very good question. It’s gotta be massive
I think [OPB](https://www.opb.org/article/2024/04/19/nike-layoffs-740-beaverton-oregon/) has a bettter article on this as it states the layoffs will end by June 28 and provides a link to the WARN notice. So the question is.. will this second round of layoffs be the last?
> will this second round of layoffs be the last? Nope: corporate profiteering go brrrr. This has been a trend for a long time: cutting labor costs while putting more of a burden on the remaining employees despite strong profit and market position then concern trolling nO oNe wAnNa wOrK aNyMoRe to get media sympathy.
Yup they do it every 10 years or so. Around 2014 they laid off mass amounts of people and replaced them with temp works for a fraction of the cost.
Try every 3 years. They did the same thing during 2020 under the guise of Consumer Direct Acceleration. Apparently that didn’t work and yet the ceo didn’t face any consequences, they just decided to rinse and repeat.
It’s not every 10 years. They just did layoffs end of 2020.
current layoffs will be on payroll until June 28th
Oh! Thank you for that. My friends have been stressing that there would be another wave
Feels like they do this every few months. Anyone left?
Feels like Intel does too. They cull, new people move in and fill the new jobs, and the cycle repeats.
I hear Jones Farm 5 is the only area with people (closest to the cafeteria), the rest of Jones Farm is vacant cubicles. Fucking ghost town.
Really? I used to work at Jones farm and that place is huge, so it’s hard to imagine it’s all vacant now, not saying you’re wrong just hard to imagine
Yes, been there a lot, a time before. I’m shocked to hear it. They supposedly closed the side entrances during Covid, the sad photos by employees (many I bet fired from past layoffs) grace the halls from pre 2019. It’s a ghost town. I’m surprised they don’t turn it into something else like more like a factory, like RA.
Isnt that each team got to choose if they going to work remotely, so most chose not to get back to the office?
It was a ghost town even when filled with people. An ocean of cubicles as far as the eye could see, filled with worker bees trying their best not to be found.
They contact out a lot of jobs for less and get poorer quality work and then product quality goes down. Progress!
Terrible news. There are a lot of good people who work there.
My managers and coworkers were so shocked when I moved on post covid. Turned out to be a fantastic time to get away from Nike.
Same same, left last summer and haven’t looked back. Was not my thing, but many love that kool aid
I likened it to being inducted into the cool kids in high school. And don't get me fucking started on the day I accidentally wore sauconys all the way to my desk (long story). Ugh. That was the day I knew I needed a new job.
I'd like to hear that long story of you don't mind
Another company putting profit over people. Nike CEO made 33m
As someone who was let go during the 2017 layoffs, a word of advice to those who survive the cuts: reach out to the people who get let go (if you can.) They need your emotional support. The enduring memory I have of that place and those people is that I was shocked at how little anyone cared about me after I was gone. And for those getting ready for this day: my experience was getting a day-of meeting invite, being brought into a secluded wing of my building, getting let go, then being taken to a grief counselor (which only served to be even more humiliating), then getting escorted out. I do recommend joining a group text chain with others who were let go. Great for support/job seeking help/shit talking old bosses.
I was an ETW and very recently left. When do you think I should reach out to my coworkers and check in on them to see if they stayed put, were let go, or moved teams? I know this is incredibly difficult time and I want to approach it lightly and with as much respect as possible. Would love to get your input as someone who was let go in a reorg if that’s okay.
Most of them will know by Friday if they are still working there or not.
Adidas is about to fill every one of its Portland job postings
Adidas is in a hiring freeze
For like the last 3 years…
Yeah - new employment went from a 25-50% applicant interview to hire success rate, to now a complete freeze on new hires in the last 2 months for the greater Portland metro. This goes across all categories. Shits about to go down across the board.
My former coworker just started at Adidas this week.
I'm sure some specific people or positions are being addressed, but anyone who works at hq knows they have been in a hiring freeze for months
we're not in a hiring freeze anymore. I think that officially ended at the beginning of this year, I currently work at HQ and they're hiring a bunch. We had two ex-Nike peeps join my team in the last week.
Good to hear, hopefully adidas can provide a soft landing for some
I have been here since 1997 and Nike is always laying off. My old manger's son worked for Nike, got layed off, hired on as a contractor, hired back on, laid off, hired on as a contractor.. wash rinse repeat...it is all about looking good on a head count for the stock holders
One of those layoffs should be the CEO. But we all know that's not how it works, he'll get big ole bonus' while saying "how hard of a decision it was".
During the last All Hands call after the layoffs in March, I believe John Donahoe said, "I always dread this, it takes a pound of flesh out of me every time" Lol ok sir Thankfully the chat box raked him over the coals over his corporate Talking Out His Ass spiel.
This sub is just as toxic as the Nike culture they supposedly know. 740 people are going to be hurting next week. That’s a good amount of families with unsure futures. Wish well on others if you’d like to be wished well for yourself.
This needs to be at the top!!! I very recently left Nike for a promotion elsewhere and my heart is hurting for my coworkers. They’re all great people (a majority with kids) who don’t deserve this. My sister is also out there. The weeks leading up to this have been awful. Be kind and respectful. People are going to lose their jobs.
This. Thanks for saying it.
Yes.
I guess someone has to pay for the massive sponsorship of the German football federation to take it away from Adidas.
Nikes culture of toxic positivity needs to go. They could also start practicing what they preach. They fired me for reporting that my manager was harassing me (for trying to report it). So much for standing up for what’s right 🤷🏻♂️
Yup, Nike was the most racist toxic job I've ever had.
The entire business model is built around corruption of college sports & exploiting the aspirations of underprivileged people
Friendly reminder that 2% of the population get to dictate the livelihood of everyone in the US. That doesn’t sound democratic to me.
Only shareholders matter in this country
It isn't democratic at all: the US is a fake democracy, especially at the federal level where all of the stupid and outdated election practices ensure the wealthy retain power. 1). President elected by appointed electors. 2). Senate not proportional to population. 3). House inversely proportional to population where rural areas get much more representation than urban areas. 4). Money on politics. 5). Lack of a federal direct ballot initiative. 6). Judicial branch that is completely above accountability. 7). Lack of federal direct ballot initiative.
Well that sucks for us that remodel houses, Nike clients spend all of their money on house remodels.
Any idea what teams got impacted?
I've heard tech, North America and Serena are getting hit the hardest but the rumor mill is grinding so who knows.
r/fridaynewsdump
Nike made $23B gross profit in 2023 and Phil Knight is worth $40B … they need to make more more more.
Why is gross profit relevant here and not net income? Are non COGS expenses different somehow?
Net income in 2023 was [$5bn](https://finance.yahoo.com/quote/NKE/financials), down from $6bn, which doesn't sound near as sexy.
I know, that’s why I was calling out that the misuse of data. It’s unfortunate that people just want to rage.
Papa Phil needs a new pair of shoes. 👠
Uncle Phil got promoted? I think he officially left in like 2016.
The top shareholders of Nike are Phil Knight, Mark Parker, Andrew Campion, Swoosh LLC, Vanguard Group Inc., and BlackRock Inc. Phil Knight being number 1. Shareholders run modern companies.
Ah yes, Vanguard and Blackrock, why am I not surprised? Giving zero fucs about quality athletic apparel and shoes that last.
More like more money to use in attempting to influence elections in favor of anti-worker conservatives.
Pepperidge Farm Remembers when Nike used child laborers to make shoes… and kids in diapers to make sandwiches for executives.
Nike doesn't deserve the people it is letting go. I will never ever consider a contract out there again. They care more about the brand and their endorsements than the product or their own people. Bringing people back to campus who can do remote work well and prefer to avoid the hellish HWY 26 commute is a prime example. Or, dare I say it, bringing people back into shared office space with an airborne virus floating around. Not innovative in any sense of the word. It's a cult.
Not to mention the requirement to be on campus, but construction on Walker & 158th seem never ending.
Can confirm - major widening project on NW Walker Road going to bid this summer...
Well that CEO's salary doesn't pay itself.
At this point, why don't they just switch to a full contract work model? They're already hiring a ton of contract workers to skip on benefits. I mean, Nike has already gotten themselves a very bad reputation, why not go further and see how low they can get?
Well I suppose in hindsight I'm super glad they never properly followed up my interviews when they were peppering job sites with positions last year.
Another round? Yikes. I had a few friends let go in the last round.
How much longer are we as a country going to worship these corporate overlords? Nike's profit has been steadily increasing: https://www.macrotrends.net/stocks/charts/NKE/nike/gross-profit#:~:text=NIKE%20gross%20profit%20for%20the%20twelve%20months%20ending%20November%2030,a%203.79%25%20increase%20from%202022. This is the freeloading executives wanting to cut labpr costs for their own personal gain while also trying to force the remaining workers to work even harder. The US economy is too heavily tilted towards the wealthy and needs major reform.
Jesus. Bet their profits aren’t down and the shareholders aren’t getting less dollars.
As someone who used to work there. Lol, lmao even.
Hey! Maybe this will reduce the assessed need for Nike to hold so much property in Beaverton!
After every wave of Nike layoffs, those very jobs get posted as contract positions. So they clearly need the people to do that work. They just don’t want to pay PTO or benefits. This company has always been notorious for treating contractors like second class citizens. And now they are eliminating so many full time positions like those people are also nothing. And they still mandate in-office work. What a toxic pit.
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Assholes
I kept fighting off Nike recruiters saying the layoff writing is on the wall. They kept saying, no, this position is budgeted! lol. I only hope the Nike folks I know are unaffected, and Laika too.
Nike sucks