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From: peppe51	1/13/2009 9:40:40 AM
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400...Neiman Marcus losing about 400 jobs 12:00 AM CST on Tuesday, January 13, 2009 By MARIA HALKIAS / The Dallas Morning News mhalkias@dallasnews.com Neiman Marcus Inc. is cutting about 400 jobs across the country – including almost 100 people in the Dallas area – as part of an organizational review started six months ago. While the Dallas-based company was looking at ways to save money, luxury shoppers' drastic reduction in spending "accelerated the urgency" of what had been a normal review process, said Ginger Reeder, vice president of corporate communications. "We regret this more than any business decision that we have to take," Reeder said. Some laid-off employees were told Monday, and others are finding out today, she said. About 370 to 400 employees are being laid off – slightly less than 3 percent of the company's workforce. dallasnews.com

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