I am interviewing for a PM role at Nordstrom. I think there was a layoff a year ago in the tech organization. Is it over? Are you aware of any more risk and gossips? TC: 180K #layoff #productmanager
Last week there were layoffs in HR and supply chain ops. Also closing down a warehouse in CA was announced during earnings call. Last year April was big tech layoff then later in the year they took a majority of tech tpm and made them product managers and it’s still not fully figured out. Managers are starting to report out to their teams compliance on RTO (currently 3 days). Rumors of tech contractors being let go soon. It’s not a stable company but none in retail are right now.
Is there a bonus payout for H2 2023 cycle at Nordstrom?
Damn they STILL haven’t figured out the pm Stuff???
Don’t bother joining Nordstrom unless you’re happy to only receive base salary. They may promise you the moon in terms of bonus, but they rarely ever pay. Most of the times they pay 0.
Agreed! Bonus is very rarely paid out.
There were layoffs in IT every half year since 2021 and big re-orgs….. CTO left and CEO took over then brought in the ex Walmart CTO for more layoffs…. Recruiters will talk about bonus but company performance has been tanking so it’s not been paid in years, so you better get a high base salary negotiated and know that with IT at less than fifty percent capacity you will be run ragged. This is not a tech company but retail and retail is cutting costs in non essential areas (helloooo IT teams) and the CEO was graded as one of the worst performers. But there is a nice discount on store purchases…. ;-)
Join at own risk, IT are laid off every 6 months, bonus is zero
Could Costco be the only retailer that makes good profits and creates stable employment ?
Yes. It sells most things plus the yearly fee is a good chunk into profits. Companies like Nordstrom are too old to change direction.
All the posts are right. Place is shadow of what it was when Blake Nordstrom was CEO. Retail is not the place to be to grow your career. All the claims of caring about employees is bogus as your just a number. So many I know are looking now that measly bonus numbers came out. Run away.
Thanks everyone. I didn’t get the job in the last step. Doesn’t seem like a miss based on your comments. I have a highly stable job, so probably wouldn’t accept anyways.
Trust me, unless you were unemployed you did yourself a favor by not getting Nordstrom
Last time I bought something on Nordstrom 3 years ago, now you can guess yourself
Hi op can I dm you about your on-site experience? I’ve an onsite coming up
yes feel free to DM
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I went to Nordstrom and there weren’t many people, retail is in a downwards spiral