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    Home»News»Layoff»Employees express distress as Nike lays off
    Layoff

    Employees express distress as Nike lays off

    HRK News BureauBy HRK News BureauMarch 2, 2023Updated:March 3, 20232 Mins Read17601 Views
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    Nike reportedly laid off several employees, including recruiters, who shared their experiences on LinkedIn. The company has not commented on the social media posts regarding these job cuts.

    The resignation of Ratnakar Lavu, Nike’s top technology executive, saw many employees using LinkedIn to vent their concerns. Expressing disappointment and frustration, they said they were caught off guard and were offered no support from the organisation either.

    Jordan Ingram, a senior talent acquisition partner at Nike, shared his experience on LinkedIn, expressing his love for his career and the opportunity to change people’s lives. Ingram also mentioned his need to provide for his family and that he now looked forward to new opportunities.

    Frank P, another talent recruiter team member, also shared his experience on LinkedIn, saying that he was now open to work. Despite the unexpected life event, he expressed excitement for new doors to open.

    Natalie Rincon, a product designer, was also impacted by the layoffs at Nike. Rincon plans to use this time to recharge and refresh before she’s on the hunt for a new job.

    The COVID-19 pandemic has left a deep mark on the global economy, leading many companies to make tough decisions to cut costs and stay afloat. Reports surfaced last month that one of Vietnam’s largest shoe manufacturers for major brands, including Nike and Adidas, plans to cut at least 6,000 jobs due to orders being drastically slashed, thus reflecting the ongoing economic downturn caused by the pandemic.

    CEO employee news layoff news layoffs Nike
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