Neiman Marcus is poised to lay off nearly 5% of its workforce as the swanky retailer braces for a downturn — despite the fact the company handed out record cash bonuses during the past two years, The Post has learned.
https://nypost.com/2023/02/14/neiman-marcus-ceo-to-cut-nearly-5-of-workforce-after-reaping-fat-bonuses/
Ironic, isn't it?
Does anyone believe anything our CEO says? Time for a new one!
How sad. More trust with the NY Post than with our senior leaders. And where is the board? Enough is ENOUGH
All he understands is what is he is paid..
That's it.. Neiman's isn't going public..They float that scheme every so often... They never want their actual record public... they Didn't go private because they loved giving out info on their lawsuits and debt
The trust has evaporated. He tells us that we’re going great and then turns around and has a layoff. He clearly doesn’t understand the business. Or, maybe he understands the business of going public at the expense of all of us.
Poor leadership! He’s had his five years. It’s time.