Nordstrom Is It Faster To Lay Off Workers?

The trend of offline offline pfer has made many brands start to re layout their business, but layout is not easy.

Recently, Nordstrom announced another layoff.

This is another large-scale layoff after the more than 100 layoffs last month.

It is reported that this time

There will be about 400 vacancies.

The layoffs are expected to be completed before the end of July.

The group said it hopes to save the group's internal expenses through layoffs to make a more flexible response to changes in consumer shopping habits.

The reason for the group to express the above remarks is mainly due to the increase in investment spending in the past few years in order to increase market share and pformation.

In addition, the change from offline to online consumer habits has also prompted Nordstrom to start research and development of e-commerce business.

However, too high R & D expenses are beginning to leave the group.

Therefore, this is also the main reason for group layoffs.

During the whole year of 2015, group net profit continued to decrease, a decrease of 16.7% to 720 million US dollars.

But revenue grew by 6.9% to $14 billion 437 million.

But if you say a word, if

Further layoffs are likely to trigger.

Discontent and action.

So how should Nordstrom solve this problem?

In the past year, almost every US Department store retailer has released a restructuring plan involving layoffs.

The reason is mainly due to the downturn in the US retail market and the demand for consumers. Meanwhile, consumers' demand for fashion products is lower, resulting in a further downturn in the US retail market.