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Nordstrom Said to Be Slashing as Much as 25% of Jobs: Source

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Multiple sources say Nordstrom is believed to be shedding jobs, following news of Macy’s 3,900 job cuts earlier Thursday amid a restructuring forced by the pandemic’s crippling economic effects. Sources said job cuts have been ongoing this month at the Seattle retailer, which lost $521 million in a painful first quarter. Nordstrom has already reported…

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