Corporate America is putting its staff in layoff limbo
Source: Business Insider ·
Nike, Meta, and other companies have announced planned job cuts weeks or months before identifying affected workers.
From the source
Nike CEO Elliott Hill, who recently released a statement forecasting job cuts that "will begin in calendar year 2027 and beyond."Bloomberg/Getty ImagesSome companies are announcing cuts weeks or months before telling workers who'll lose their jobs.Nike is the latest. Meta and GitLab made similar moves earlier this year.The added time can help staffers find new gigs. It can also add stress.Some companies are giving an unusual kind of layoff warning: Cuts are coming, though you might have to wait weeks or months to learn whether your role was affected.Nike did this last week, saying in a statement that it would make decisions about affected roles starting in 2027 and beyond. Earlier this year, Meta and GitLab also announced plans for future cuts before identifying who they would let go. Typically, businesses notify affected employees and the rest of the company on the same day.A lengthy heads-up can give workers time to find a new job. It might also encourage some staffers to leave on…