Layoffs hit Nike, impacted workers share personal experience on LinkedIn

The employees posted on LinkedIn after Nike announced the resignation of Ratnakar Lavu, the top technology executive at the company

Nike
Photo: Reuters
IANS New Delhi
2 min read Last Updated : Mar 01 2023 | 5:58 PM IST

Not just the tech industry but layoffs have also hit other verticals and now, leading footwear and apparel brand Nike has laid off several employees who took to professional networking platform LinkedIn to share their plight.

Most job cuts affected Nike recruiters who said that they have been laid off.

Nike, however, did not comment on the social media posts about these job cuts.

The employees posted on LinkedIn after Nike announced the resignation of Ratnakar Lavu, the top technology executive at the company.

Jordan Ingram, senior talent acquisition partner at Nike, said it was hard for him to find the words.

"Like many other amazing people lately, I was laid off from Nike yesterday. If you have followed me or worked with me at all, you know how much I love my career and what I get to do. #SeniorTechRecruiter I take serious the opportunity to change people's lives, and there is no greater joy then being able to love your job and the company you work for," Ingram posted on LinkedIn.

"I am open to work, and I need to be working for my family," he added.

Reports also surfaced late last month that one of Vietnam's largest shoe manufacturers for major brands such as Nike and Adidas plans to cut at least 6,000 jobs due to poor orders.

Frank P, another talent recruiter team member, posted: "Type, delete, type, delete. As I try to find the words to say I was #laidoff yesterday from #nike. Like many talented and truly amazing people, I am now #opentowork."

"Despite this unexpected life event, I am excited for a new door to open as this one has been closed. I am looking for a new role and would appreciate your support," Frank wrote.

Natalie Rincon, a product designer, said she was impacted by the layoffs at the company.

"It has been an amazing two years working alongside talented individuals, but I plan on using this time to recharge and refresh before diving back into the job search. Moving forward, I am excited to explore new opportunities in the field of product design and would love to connect with fellow designers and individuals who have been affected by layoffs," Rincon added.

--IANS

na/vd

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Nike layoff

First Published: Mar 01 2023 | 5:58 PM IST

Next Story