Meanwhile, Dallas civic leaders have united to urge Saks Global to resolve a land lease issue the retailer says is forcing Neiman's downtown Dallas store to close.

Saks Global is laying off around 5% of its US corporate workforce, according to a person familiar with the plan, as the department store integrates its recent acquisition Neiman Marcus.

Saks Global announced at the end of last year that it had completed the acquisition of Neiman Marcus in a deal valued at about $2.7 billion. The tie-up could help the department stores as they look for new ways to keep and attract customers for luxury items while improving operations.

Saks Global will slash about 150 jobs across several departments as it combines with newly acquired Neiman Marcus, The Post has learned. The retail giant — which also owns Saks Fifth Avenue, Bergdorf Goodman and Saks OFF 5TH — will lay off employees from finance,