Nordstrom Lays Off 120 IT Staffers Amid Investment Slowdown

Nordstrom has laid off more than a hundred staffers in its technology operations as the company steps off the investment pedal in the midst of a surprisingly tough retail environment. A person familiar with the company said 120 employees were laid off last week from the company’s tech department. The move comes in the wake of the recent cutback of 14 managers, the person said. In total the layoffs represented about 7 percent of the tech department’s staff. Nordstrom spokeswoman Tara Darrow said the company doesn’t expect “any additional reductions” at this time in the tech team.