Thread regarding Nordstrom layoffs

Retention stock, bonus?

It appears some folks in tech are being offered retention bonus and/or stocks. Is this happening everywhere? I asked my manager and was told to wait for more info to be made available after mid March. Manager asked me not to discuss with others. What’s the deal? Is business bouncing back?

by
| 1241 views | | 9 replies (last March 3, 2021) | Reply
Post ID: @OP+19EC2heI

9 replies (most recent on top)

LP team, while no one shopped, they kept items secure

by
| | Reply
Post ID: @2edo+19EC2heI

Hogenson?

by
| | Reply
Post ID: @2kdd+19EC2heI
SAM team

Explain that Nordstrom acronym, please. What they do?

by
| | Reply
Post ID: @1oip+19EC2heI

I got it - 14% of base pay as a bonus split over certain period.

by
| | Reply
Post ID: @1rnn+19EC2heI

Would that be the SAM team?

by
| | Reply
Post ID: @1pox+19EC2heI

There's a small group of excellent men in the Technology organization, without whom the business would fail to deliver certain strategic products and platforms. These are talented, intelligent, dedicated men, with skills valuable to any company, who must be kept busy at Nordstrom.

They know who they are, and store 803 knows, too. Instead of envying them for this perk, admire and emulate them. Seek them out and work with them, learn from them.

by
| | Reply
Post ID: @csq+19EC2heI

It's secret cuz not everyone will get it, SOP.

by
| | Reply
Post ID: @wpo+19EC2heI

If it was good, it wouldn’t be a secret. You definitely wouldn’t be hush-hushed.

by
| | Reply
Post ID: @gbz+19EC2heI

No bonus here, cool for u if u get it

by
| | Reply
Post ID: @dza+19EC2heI

Post a reply

: