Nordstrom announces plans to cut up to 400 jobs in coming months

SEATTLE – Saying the company wants to “continually evolve with customer expectations,” Seattle-based Nordstrom announced Monday that it plans to eliminate up to 400 jobs by the end of the second quarter.

Nordstrom said in a press release that it will try to minimize the impact of the cuts by closing open positions that haven’t been filled. It also said it will offer separations pay and benefits for employees who are laid off.

"We will never change our commitment to serving customers, but recognize how they want to be served has been changing at an increasingly rapid pace," said Blake Nordstrom, the company’s co-president. "Meeting our customers' expectations means we must continually evolve with them. We see opportunities to create a more efficient and agile organization that ensures we're best positioned to achieve our goals."

Nordstrom said it expects to save about $60 million this thanks to the cuts.