Thread regarding Neiman Marcus Group layoffs

Please watch your back

They just lost 407.25 million for calendar year. 466 million in write downs... Which means about 59 million lost in the last quarter as they had a bare profit..that's after 580 layoffs plus the secret ones. Of 17k or so employees...nobody seems safe ...a last ditch attempt to merge with Saks is failing as you read....this page first to hear it... .. The failing Saks merger may mean more on the way..

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Neiman marcus is far from logic, and back ward to a certain extent

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