Nordstrom Announces Layoffs in nevada as Credit Card Programme Transitions to TD Bank
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Reno, NV – Nordstrom has informed the state of nevada of impending layoffs affecting 27 employees later this year. The reductions stem from the retailer’s decision to extend its credit card program agreement with TD Bank, resulting in a transfer of cardholder servicing and related functions. This move is part of a broader restructuring impacting multiple states.
WARN Notice and Timeline
The company filed a Worker Adjustment and Retraining Notification (WARN) notice with the Nevada Department of Employment, Training and Rehabilitation on August 21st. The WARN Act, enacted in 1989, mandates that companies provide a 60-day notice period before enacting mass layoffs or plant closures.
The layoffs in Nevada are scheduled to begin on November 15th. While the majority of positions will be eliminated by February 2026, a small number of employees will remain with the company until April of next year to facilitate the transition.
Positions Affected and Geographic Scope
These layoffs will exclusively impact remote workers within Nevada and will not affect employees at Nordstrom’s physical retail locations in Las Vegas and Reno. The positions being eliminated include:
Account services Specialists
Financial Services Specialists
Fraud Specialists
One Account services Supervisor
Strategic Shift in Credit Card Operations
Nordstrom confirmed the layoffs to the Reno Gazette Journal, explaining that the changes are directly linked to the Nordstrom Credit program. A company spokesperson stated, “We are extending our credit card program agreement with long-time partner TD Bank. As part of the extension, Nordstrom is transferring cardholder servicing and related functions to TD.”
This decision follows similar actions in other states. Earlier this summer, Nordstrom filed WARN notices in illinois and Colorado, were its credit operations are primarily based through Nordstrom Credit Bank. While the Colorado facility will remain open, staffing levels will be significantly reduced following the completion of the program transition.
Transition Support for Affected Employees
Nordstrom is working to mitigate the impact on affected employees. According to the company, TD Bank has expressed an intention to offer employment opportunities to a majority of the impacted team members, contingent upon standard eligibility requirements. Nordstrom is actively collaborating with TD Bank to ensure a smooth transition process.
Additional Details
The company has clarified that none of the affected employees are represented by a union, and no employees have “bumping rights” – the ability to displace more junior employees into other roles.
Laid-off employees in Nevada might potentially be eligible for support services through the Nevada Department of Employment, Training and Rehabilitation, including unemployment benefits and job search assistance.