Nordstrom to lay off store associates
July 31, 2020
Nordstrom, which closed stores in mid-March in response to the coronavirus pandemic, has said that current conditions will require the retailer to lay off an unspecified number of workers. “While our hope was to bring back every one of our employees as our stores reopened,” the retailer said in a statement Thursday, “based on our needs today, and what we anticipate our needs being in the future, we must adjust the size of our store sales force.”
Recent News
TikTok Suspends TikTok Lite Rewards Program in the EU
A TikTok service offering rewards such as gift vouchers for watching videos has been suspended by the social media site.
FCC Votes To Restore Net Neutrality Rules
The Federal Communications Commission (FCC) voted 3-2 on Thursday to reinstate net neutrality rules that were rolled back during the Trump administration.
Blackstone To Buy Tropical Smoothie Cafe
Alternative asset manager Blackstone is set to buy the restaurant chain Tropical Smoothie Cafe.
Ford’s Total EV Sales Post $1.3 Billion Loss in Q1
Ford’s EV division, known as Model e, faced a tough start to 2024.