Beat on revenue, but swing to a loss.
Layoff time. What’s the headcount in Tech these days? I bet it would be easy to cut $20 or $30 million in bloated salaries from that group, maybe more. No one would notice, probably be relieved and grateful to be rid of the deadwood.
FFS the cloud should have enabled serious thinning of the herd by now. Let’s do this.
The ones with offices will be in that slide deck
Will Nordstrom ever include a photograph of a huwhyte man in their earnings slide deck? I should dig through the archives to find the last time this happened.
Expanding? More like closing rack stores
Bonus? More like pay cuts
Huuuuuuge news coming! Stay tuned
“I am supporting” people can go
So true! Well said, anon.
All the numbers are outstanding! Bonus will be huge this year! We are ki----g it folks! We are expanding and stronger than ever before
Tech is super bloated, the program managers in tech need to thin down. Many of the principal and director layers need to be flattened, too much hierarchy. Keep the good engineers that actually do work, rest of the this “I am supporting” people can go
What's going to happen?
Exactly
Nordstrom will turn into macys...a once proud middle class company that is now a floating tu-d going down the toilet
skyrocket
Not if what I think is about to happen happens. (It will)
It's a win! Bought 1500 shares today but down 7% so far... but it will skyrocket I'm sure!