Luxury Store Cuts Hundreds of Jobs - KCBD NewsChannel 11 Lubbock

1/13/09

Luxury Store Cuts Hundreds of Jobs

Luxury retailer Neiman Marcus is announcing hundreds of layoffs. The Dallas based company announced the layoffs will take effect immediately. Nearly 400 positions or about 3 percent of the work force will be eliminated. Neiman Marcus says its December sales were down more than 31 percent. 

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