The Beverly Hills Neiman Marcus lost several employees who have worked for the company 20, 30, and even 35+ years. A very sad and tragic day for the store.

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Do you know what a typical severance package this year is? Anyone plese?

I know that at least two Sales Managers in North East were laid off. Such a shame. Some folks spent 10+ years at NMG and this is a great loss - I really do not know why they did not make an effort to figure out how to use all that talent before... — read more 

Laid off today - Big Layoffs at Neiman Marcus Group --- Very sad but true. Many employees lost their jobs today. Over 500 from what I hear. Unfortunately, I am one of them. Hard to understand a retailer that would release loyal employees yet continue... — read more 

Middle managers (Directors) are told to trim expenses all the time. So much that some work done by employees on expense is transferred over to the capital column so that it looks better on the books. On the corporate side, there's really not much... — read more 

Very sad but true. Many employees lost their jobs today. Over 500 from what I hear. Unfortunately, I am one of them. Hard to understand a retailer that would release loyal employees yet continue to do multimillion dollar renovations and open more new... — read more 

If NMG doesn't do well this holiday season, they'll trim more people. They may be more lay-offs. It only makes sense to do this since they want so desperately to make their EBITDA look nicer for an IPO. Employees are dead weight on the expense/bottom... — read more 

Confirmed, many layoffs in the Irving Dist center. Don't known an exact number but we should know soon. Karen Katz is set to send out a company wide e-mail later in the day.

St. Louis lost 8 positions, including asst GM, LP mgr, Gift Galleris mgr, visual mgr (hourly visual role now), 2 clerical, 1 engineering and 1 alterations. Terrible loss. :(

Seriously. Laying off people without consulting managers and letting them decide who to cut is probably the most boneheaded thing she's allowed to happen.

Every Assistant GM in smaller stores are gone. Corporate & distribution centers getting hit too. It is going be be ugly.

i am not aware of any layoffs, there is some backstabbing in the corp, but overall the company is cool and most folks are good peers. i was a buyer over there for about two years, i left 3 months ago - good luck to everyone who stayed, i think there... — read more 

no stores are closing - this is all hoax, do not listen to the poster below me - NM is doing just fine, we just had record profits and sales, customers love us and it's a great company to work for with a lots of potential for anyone who's smart and... — read more 

closing store left and right, decreasing hours, shuffling management, poor product choice - is there anyone bullish on neiman marcus