Nike Layoffs: Archive department affected, part of restructuring
What’s happening at Nike?
The sportswear giant has pulled out the axe again — this time affecting the Department of Nike Archives (DNA).
According to Bloomberg, DNA collects various artifacts from the brand’s history, including shoes and gear.
Samfiru Tumarkin LLP is working to determine if any Canadian employees are impacted by the latest round of layoffs at Nike.
Earlier this year, CEO John Donahoe told staff in a memo that the company is eliminating approximately two per cent of its workforce in an effort to “reignite” its growth.
SEE ALSO
• Under Armour slashing staff amid sales slump
• ‘Quiet Layoffs’: What employees need to know
• What Canadians need to know about ‘loud layoffs’
Termination agreements for Nike Canada employees
In Canada, non-unionized employees at Nike are owed full severance pay when they lose their jobs due to downsizing, corporate restructuring, or the closure of the business.
This includes individuals working full-time, part-time, or hourly in Ontario, Alberta, and B.C.
People working “on contract” or as a contractor may also be owed severance pay — given that many employees in Canada are often misclassified as independent contractors.
Severance can be as much as 24 months’ pay, depending on a number of factors.
WATCH: Employment lawyer Lior Samfiru explains what rights employees have if they are being fired or let go on an episode of the Employment Law Show.
Before accepting a severance offer, double-check the amount using our firm’s free Severance Pay Calculator. It has helped millions of Canadians determine their entitlements.
In addition to your salary, make sure to factor in any other elements of your compensation (i.e. bonuses, commission, etc.).
If your employer’s offer falls short of what our Severance Pay Calculator says you are owed, it’s very likely that you have been wrongfully dismissed and should contact an experienced employment lawyer at Samfiru Tumarkin LLP.
Non-unionized employees in Canada have up to two years from the date of their dismissal to pursue proper severance pay.
LEARN MORE
• Severance pay for provincially regulated employees
• Rights to severance during mass layoffs
• Severance entitlements in a recession
Major layoffs continue
Nike isn’t the only big name scaling back its staffing levels in 2024.
Other well-known companies, including Home Hardware, Lucid Motors, Tesla, Laurentian Bank, Walmart, Indeed, Xbox, Kenvue, Hudson’s Bay, and Google, have cut jobs as they continue to navigate challenging economic conditions.
SEE ALSO
• Bayer slashing 1,500 jobs in major 2024 restructuring
• Whirlpool Layoffs: 1,000 positions axed amid slow home sales
• Where are layoffs happening in Canada?
Lost your job? Talk to an employment lawyer
If you have been fired or let go for any reason, contact the experienced employment law team at Samfiru Tumarkin LLP.
Our lawyers in Ontario, Alberta, and B.C. have successfully represented tens of thousands of non-unionized individuals.
In addition to severance package negotiations, we can assist you on a broad range of employment matters, including:
If you are a non-unionized employee who needs help with a workplace issue, contact us or call 1-855-821-5900 to get the advice you need and the compensation you deserve.