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NeimansShameOnYou

Joined April 11, 2009

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  • 7 months, 3 weeks ago
    NeimansShameOnYou's comment on:

    Dallas-based Neiman Marcus has another round of layoffs

    -- besides actual cuts in salaries and "layoffs"--

    Neimans has cut the sales peoples earnings 20% by ordering the salaried "product specialists" in each department to meet a quota---

    So- besides the 30% drop in sales (translates to 30% drop in a sales persons commission)- Neimans already took 20% from them through the product specialists (who don't earn a penny in commission on those sales-- therefore- that 20% goes to the store!)

    and then...

    they've been browbeating dept managers, sales people and product specialists because they aren't making their goals!

    (ah.... who does make a goal when sales are down 30% ??)

    and to make it worse....

    they use inflated goals, submarined by competition between sales and product specialists- to fire employees for bad performance- saving Neimans from lay-off severance, unemployment etc...

    abhorrent behavior for any principled business- outrageous for a previoulsy well thought off company like Neimans....

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